When North drives his Cobra into pit row prior to the race that Sylvester recalls, in flashback, a Ford badge is clearly visible on the side. In addition, there are several other Cobras in the race, presumably with Ford badges. Later in the film, Strom states that the heist was four years ago (from 1964), and so the race depicted was even earlier than that. Carroll Shelby did not drop the first Ford V-8 and transmission into an AC Cobra until February of 1962, and Ford did not start selling them until later that year.