Refer to the code:01 let car1 = new Promise((_, reject) = >02 setTimeout(reject, 2000, "...

Promise.race() returns the result of the first settled promise , whether resolved or rejected.

The promises:

car1 → rejects in 2000 ms

car2 → resolves in 1500 ms

car3 → resolves in 3000 ms

The earliest settled promise is car2 (1500 ms), which resolves with the value:

" Car 2 completed "

Therefore, Promise.race enters the .then() branch with:

value = " Car 2 completed "

Inside the .then():

let result = ' $(value) the race. ' ;

This appears to attempt template substitution but uses incorrect syntax.

JavaScript template literals require backticks and ${expression}, for example:

`${value} the race.`

Because the code is incorrect, result is literally the string:

$(value) the race.

However, the question asks:

“What is the value of result when Promise.race executes ?”

This refers to the intended value based on which promise wins the race, not the template bug.

The winning value is:

Car 2 completed

So the correct conceptual answer is:

Car 2 completed the race.

JavaScript Knowledge References (text-only)

Promise.race() returns the first settled (resolved or rejected) promise.

The earliest resolve here is car2 (1500 ms).

Incorrect template literal syntax does not affect the identity of the winning promise.