2005 Mercury Monterey transmission problems

Driving on I35 at 75 miles per hour with the cruise control engaged. I had been driving for approximately 2 hours. The car engine just started racing with no warning, I took the cruise off and had lost all ability to move forward or reverse. I had the entire family in the car. I am 800 miles from home and it will be 2 days for the fix. They estimate approximately $1800. The van is less than 3 years old and has 47,000 miles.

Tl* the contact owns a 2005 mercury monterey. While driving at approximately 30 MPH during rainy and snowy weather conditions, the vehicle suddenly lost power. He had to take his foot off the brake and roll backward to get into the emergency lane. The vehicle was then towed to a dealership where it was located at the time of the complaint. The dealer advised the contact that the transmission needed to be replaced. The contact had not called the manufacturer in regards to the failure.