Ford filed a $500,000 lawsuit against WWE star John Cena.
With Ford, the automotive giant, John Cena once found himself in a bit of a bind.
The WWE star is said to have amassed an astonishing collection of automobiles over the years.
According to reports, the actor who starred in “Ricky Stanicky” has a substantial collection of cars as of 2021.
Cena reportedly had a number of high-end cars, including his famous ‘Corvette InCenaRator’, a 1970 Plymouth Road Runner Superbird, and a 2009 Chevy Corvette ZRI, according to GQ magazine.
But his 2017 Ford GT was the car that got him into trouble.
Cena reportedly paid more than $450,000 for this car when it was first produced, and he bought it in the same year.
It was thought that Ford only built a few hundred of these supercars a year, so those who were lucky enough to get one had to follow strict guidelines.
The owners of the Ford GT were ‘hand-picked clients’ who were chosen through a selection process, as is well known.
For these privileged customers, one of the conditions was that they couldn’t sell the car again for at least two years after they bought it.
Regretfully, Cena only had it for a few months before selling his. Whoops.
Cena violated the sales agreement by selling the automobile so rapidly, which deeply infuriated Ford.
The wrestler reportedly profited from the sale, which only made the situation worse.
The lawsuit alleged that Cena “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,” according to a 2017 Forbes article.
After that, Cena was sued by the car manufacturer, who demanded $500,000. Ford and Cena achieved an out-of-court deal by the following year.
Outside of a conventional courtroom, they reached a financial settlement, the details of which were not disclosed.
However, the settlement money was intended for a “worthy charity” rather than Ford’s own finances.
Cena also apologized in public.
He said in his statement:
“I adore the Ford GT, I’m sorry to Ford, and I urge other owners to uphold the agreement.
“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.”