John Cena’s Ford GT Sells Again, This Time at a Loss After Fetching Only $1.3M

John Cena’s Ford GT Sells Again, This Time at a Loss After Fetching Only $1.3M

Published: October 18, 2018 | By: American Luxury Staff

Fewer than 150 examples of the GT rolled out of Multimatic—the Ontario-based firm that assembles the model—last year. One of them went to WWE Raw and Smackdown superstar wrestler John Cena. But Cena created quite a stir when he sold the car for a bundle only a few weeks after buying it, and Ford wasn’t happy to hear of his good fortune.

The automaker stipulates that two years of ownership are required by all deemed worthy of coughing up the nearly $500K buying price, and Cena had it up for sale in less than a year. Ford sued and won. The automaker took the settlement amount—believed to be Cena’s profit from the flip—and gave it to charity.

The now-previous owner of the car didn’t waste any time after snapping it this summer in Monterey; he had it up for auction at Mecum’s this month, but thing apparently didn’t go as planned. Having bought the car for $1.54 million, the buyer had to watch it bid out at auction in Dallas for $1.32 million.

   
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