After 7 years with the Holden Dealer Team, Bond shocked the establishment in 1977 when he left the HDT and joined Allan Moffat's Ford Dealers Team. Bond came close to becoming the first driver to achieve victories for both Holden and Ford Motor Company at the Bathurst 1000 (a feat which wouldn't be achieved until Steven Richards in 1999). He was driving the second of Moffat's Ford XC Falcon GS500 Hardtop's, with Moffat driving the lead car which was experiencing mechanical problems in the closing laps of the race (Moffat's Falcon had run out of brakes after they were given a caning by his co-driver, ex-Formula One driver and multiple 24 Hours of Le Mans winner Jacky Ickx). Although Bond had the opportunity to pass Moffat and take victory, he controversially chose to observe Moffat's team orders and allowed him to pass the line first in the now famous 1-2 formation finish.