WWE wrestler John Cena has reportedly settled his lawsuit with Ford for selling his GT supercar.
It looks like the battle is over. After months of litigation, Ford and Cena have reached a financial agreement with Cena apologizing to Ford for selling his GT too soon.
Way back in 2016, when Ford first announced the GT went on sale, they held a sort of lottery with potential buyers. There were way more people interested in buying the $450,000 twin-turbocharged V6 supercar than there were cars available, so Ford did the fair thing and only let celebrities and influencers buy the car. You know, so they could give Ford as much exposure as possible.
Cena, being an incredibly successful wrestler with a budding movie career, fit the bill perfectly.
There was one catch though: anybody who bought the GT was contractually obliged to keep it for 24 months. They didn’t have to drive it, but it would look bad for Ford if their celebrity spokespeople immediately pawned off their car to the highest bidder. Which is pretty much exactly what Cena did.
For whatever reason, Cena ran into financial troubles and needed some quick cash to pay off his creditor. We don’t know how much the GT sold for, but we do know he contacted a California exotic car dealer that specializes in selling crazy expensive cars to overseas buyers. Ford got wind of it and before they could get an injunction to stop the sale the car was already gone. And then Ford sued.
Lawsuits take time and money and look ugly on all parties, so even though Cena was definitely breaching a contract, it was in everyone’s best interest to make the story go away with a happy(ish) ending. So they settled on a number, with whatever number that turns out to be going to a charity of Ford’s choosing.
In a statement from Cena’s legal team (and obtained by Jalopnik), he apologizes to Ford for selling his GT a little too soon:
“I love the Ford GT and apologize to Ford, and encourage others who own the car to respect the contract,” said Cena. “I am pleased we could resolve this matter outside of court, and that a worthy charity will benefit from one of the most iconic cars in the world.”
The lawsuit against the California exotic car dealership is still ongoing.