The pro wrestler was allegedly prohibited from re-selling his GT for 24 months.
Professional wrestler John Cena has settled a lawsuit filed by Ford over his resale of the exclusive GT supercar.
The GT purchase contract apparently prohibits buyers from re-selling the car for at least two years, preventing people from purchasing the car as a quick flip for profit.
“The re-sale restriction – common for the world’s most exclusive cars – was part of an extensive owner selection process to ensure the passion and aura surrounding the Ford GT is maintained,” Cena’s law firm wrote in a statement to Jalopnik.
Terms of the settlement were not disclosed, but all proceeds will be donated to charity.
“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 pro wrestler was allegedly prohibited from re-selling his GT for 24 months.
Professional wrestler John Cena has settled a lawsuit filed by Ford over his resale of the exclusive GT supercar.
The GT purchase contract apparently prohibits buyers from re-selling the car for at least two years, preventing people from purchasing the car as a quick flip for profit.
"The re-sale restriction - common for the world's most exclusive cars - was part of an extensive owner selection process to ensure the passion and aura surrounding the Ford GT is maintained," Cena's law firm wrote in a statement to Jalopnik.
Terms of the settlement were not disclosed, but all proceeds will be donated to charity.
"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."
