Ford is suing professional wrestler John Cena for selling his 2017 Ford GT supercar after taking delivery of it less than a month prior, since buyers were contractually obligated to own the car at least two years.
The lawsuit filed in a U.S. District Court in Michigan asks Cena to pay Ford an amount equal to the profits of the sale of the very-much-in-demand limited-production car, as well as over $75,000 in damages to cover “loss of brand value,” among other things, reports WXYZ.com.
Cena’s defense regarding Ford’s allegations of breach of contract, fraudulent misrepresentation, and unjust enrichment is that, well, he needed the money, or more specifically that he sold it “along with other assets to liquidate for cash to take care of expenses.”
Cena says he’s looking to work with Ford to set the situation right.
Ford took applications for its $450,000 GT supercar from over 7,000 potential owners, and then hand-selected which of them would get the chance to buy one of the 500 units it built this year.
Buyers who showed brand loyalty or would likely make their ownership well-known – that is, show off the car – were given preference, which made Cena, who owns a 2006 GT, a perfect applicant.
Cena took delivery of his car September 23, 2017, signing a contract that explicitly said he understood “being selected for the opportunity to purchase this vehicle is non-transferable and [that he agrees] not to sell the vehicle within the first 24 months of delivery.”
But by October 20, the car had changed hands via a telephone-call sale, Cena admits.
The GT is, of course, highly desirable, but Ford doesn’t want to see owners buy and flip the car to make a profit off it when that money could’ve been theirs—hence the two-years-of-ownership clause.
Supercar manufacturers like Porsche, Ferrari, and Aston Martin have similarly begun cracking down on these profiteers, and often won’t sell such buyers new cars again.