Former Wrestler John Cena is Getting Sued for Selling his Ford GT
After selling the $500,000 Ford GT for a large profit, Ford has filed a suit against John Cena
There’s nothing better than a large conglomerate going after a celebrity for doing something stupid. In this case, the large conglomerate is Ford Motors and the celebrity being John Cena, the former professional wrestler for the WWE.
Cena has hosted a well-known auto show on his YouTube channel and is a huge fan of American sports cars. Cena was such a fan that he bought one of Ford’s rare 2017 Ford GTs for approximately $500,000 through a purchasing program of Ford’s that was designed for car enthusiasts. The purchasing program had several requirements and required purchasers to go through an application process as well. Since the program was designed to deliver the vehicles to enthusiasts, there was a stipulation in the agreement that the purchaser would not sell the vehicle within two years of purchasing. This stipulation exists to prevent the purchaser from reselling the rare vehicle and yielding a profit.
However, against Ford’s will, Cena sold the vehicle just weeks after buying it. Not only did Cena break the contract and sold the Ford GT, but he sold it for a huge profit. After discovering the sell, Ford filed suit in the U.S District Court of Michigan. In their suit, they stated the following:
“Mr. Cena has unfairly made a large profit from the unauthorized resale flip of the vehicle, and Ford has suffered additional damages and losses, including, but not limited to, loss of brand value, ambassador activity, and customer goodwill due to the improper sale.”
In the eyes of the law, this is a clear violation of an agreement. Cena probably could have skated by if he sold the vehicle for a similar amount that he paid for it. However, since he violated the agreement in a manner that the stipulation was put in place to avoid, Ford will continue to actively pursue damages and will likely win since they will greatly outnumber Cena’s legal team.