Refer to the code below:

01 let car1 = new promise((_, reject) =>

02 setTimeout(reject, 2000, “Car 1 crashed in”));

03 let car2 = new Promise(resolve => setTimeout(resolve, 1500, “Car 2

completed”));

04 let car3 = new Promise(resolve => setTimeout (resolve, 3000, “Car 3

Completed”));

05 Promise.race([car1, car2, car3])

06 .then(value => (

07 let result = $(value) the race. `;

08 ))

09 .catch( arr => (

10 console.log(“Race is cancelled.”, err);

11 ));

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