Cena was one of the lucky 500 to get his hands on the Ford GT supercar.
UPDATE: John Cena claims in court he CAN sell his Ford GT, per the dealership paperwork
Lawyers say no-sell clause wasnt included in purchase agreement
Updating an earlier story, pro wrestler John Cena was in court Tuesday in Florida fighting for hisright to sell his 2017 Ford GT supercar. Well, technically he was fighting for his rightnot to be suedfor sellinghis freshly purchased GT against Fords wishes. Cenas lawyers filed a motion to dismiss Fords suit claiming that the alleged stipulation to not sell the car within 24 months was not in the final dealer paperwork.
Looking at the paperwork, which you can seehere, Cena appears to have a point. We dont see any mention of a restriction on selling the car in the first two years. The question, we think, is if Fords original agreement with Cena supersedes the more recent purchase agreement from Elder Ford of Tampa. We suspect it does, but a judge will have to be the final judge.
Remember, only 500 of these Ford supercars will be built, and about 6,500 people applied for one. That means there are at least 6,000 people, probably more, who want aFord GTandcan afford it. Hence, those other new GT owners are also probably waiting to see how this shakes out. If you have aFord GTand need to make a few hundred thousand dollars quickly, the floodgates would be open.
The newFord GT, if you havent been paying attention, stickers for about $450,000 and comes with a race version of the companys 3.5-liter EcoBoost twin-turbo V6. In this application, it puts down 647 hp and 550 lb-ft of torque, sent through a seven-speed dual-clutch transmission and on to the rear wheels. Top speed is listed at 216 mph, and curb weight is only about 3,000 pounds. In other words, its hella fast.
Due to the limited nature of the car, Ford had to pick and choose who got a chance to own one. The company based it on previous Ford ownership, a high profile and that aforementioned agreement not to sell within 24 months. This prevents flippers from getting in early and doubling their money. It also keeps the true value, about a half-million, where Ford wants it — at least for the time being.
Well continue to follow the Cena case, so stay tuned.
Are you one of those guys who says to anyone who will listen, I want a race car for the street, man! Well, Ford has finally made your car. The Ford GT is perhaps the closest any carmaker …
Jake Lingeman- Jake Lingeman is Road Test Editor at Autoweek, reviewing cars, reporting on car news, car tech and the world at large.
Car LifeCar NewsCar ReviewsClassic CarsPhotoPeopleAuthorsJake LingemanLuxuryOther NewsPeopleSupercarsCoupeFordGT
Car news, reviews, motorsports, auto shows and stunning photography delivered right to your mailbox.
Take Autoweek to go on your digital device and get the car news you want, wherever you are.
Get the best of including breaking news, racing updates and daily features.
All Content © 2017Crain Communications, Inc.