John Cena was sued by Ford for $500,000 after he sold a Ford GT he had received as part of a sponsorship agreement after only one month. Cena initially argued that he was entitled to sell the car, but ultimately settled the lawsuit out of court and issued a public apology.
And eight years ago, it emerged that Cena was handed a brand new Ford GT with one of the terms of the agreement he had to keep the car for 24 months.
"I don’t think that’s enforceable. I think once the contract is signed and you take possession of this object, that’s yours.a 2017 Forbes article, 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'.
Cena also issued an apology. He said in a statement: "I love the Ford GT and apologise to Ford, and encourage others who own the car to respect the contract."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."
Automotive FORD JOHN CENA LAWSUIT CAR SALES SPONSORSHIP
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