Ford sues to block sale of GT supercar in alleged Canadian ‘conspiracy’

Ford is taking to court a cadre of Canadian supercar retailers and customers for allegedly improperly acquiring one of its 2018 GT supercars in a scheme to sell and re-sell it for massive profits, in violation of a purchase agreement that stipulates the buyer has to hold onto the car for 24 months after delivery.

Ford wants to “rescind the original sale deal and block any sale or transfer of the GT,” but it’s also asking for $1 million in damages for breach of contract, plus lawyer’s fees. In November, the judge presiding over the yet-to-be-scheduled trial endorsed a temporary injunction against the car’s resale by its current owner, apparently based in Hong Kong.

RELATED We plotted out the saga of John Cena’s Ford GT and its sales You can finally legally buy a used 2017 Ford GT The purchase was, however, completed not by Hudson, but by his then-business associate, Bradley Nullmeyer, former CEO of Element Fleet Management Corp. “Hudson’s lawyer, Chris Paliare of Toronto, told Automotive News Canada: ‘Mr.

The deal was brokered with assistance from Jeffrey Seigel who, for his help, was allegedly paid a $126,560 commission and, Justice Morgan writes, a $200,000 “secret commission” by Nullmeyer. Quocksister says he was never informed about the resale restriction, which is why he brought Seigel into the court case via a $1.5-million third-party claim. But evidence shows Seigel included the car’s confirmation order – which mentions the no-resale clause – in materials he gave to Quocksister.

'The day Quocksister bought the supercar, May 1, 2018, he resold it for $1,734,480 to Richmond, B.C.-based exotic car dealership SR Auto Group. The dealer in turn quickly flipped it to “an undisclosed buyer from Hong Kong.” '

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