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Date added: August 24, 2009
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The Detroit Automobile Company went bankrupt soon afterward because Ford continued to improve the design, instead of selling cars. Ford raced his vehicles against other manufacturers to show the greatness of his designs. With his interest in race cars, he formed a second company, the Henry Ford Company...
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During this period, he himself drove one of his cars to victory in a race against Alexander Winton, a well-known driver which the crowd favored on October 10, 1901. In 1902, Ford continued to work on his race car. They wanted a high-end production model and brought in Henry M. Leland to do it. Ford said later that "I resigned, determined never again to put myself under orders...
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