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Mecum Auctions Settles Lawsuit with Ford over GT Sale

Started by Shelby_r_b, January 26, 2019, 01:26:42 PM

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Shelby_r_b

Interesting.  Too bad the details of the settlement are undisclosed - mostly because I'm nosey  ;)

However, per the article, we probably won't see another of the latest Ford GTs crossing the block at Mecum soon.

https://www.bizjournals.com/louisville/news/2019/01/25/ford-settles-litigation-with-mecum-auction.html?ana=yahoo&yptr=yahoo
Nothing beats a classic!

6S1568

Thanks for posting! Sometimes you see the original story but never the follow-up. Appreciate it. Nosey too, Denny

Don Johnston

So one speculator got away with it and commisions paid, I assume, before the doors were closed?  Hmmmmm.

SFM6S087

Here's another take on the same story.

https://www.foxnews.com/auto/ford-settles-lawsuit-over-1-8-million-supercar-auction

This one says, "Monetary terms were not released, but Mecum made a donation to the automaker's charity arm, the Ford Motor Company Fund, and promised to consult with Ford prior to future GT auctions."

Steve