Some individuals (or companies) faced with legal action from one of the biggest companies in America might be inclined to back down. But not Mecum Auctions. It’s doubling down instead.
Our story revolves around a specific 2017 Ford GT that Mecum sold in May for a staggering $1.8 million. Ford cried foul, citing a contract that buyers of the new supercar signed stipulating that they wouldn’t sell theirs within the first two years of ownership.
Just a couple of days ago, we reported that Ford was pursuing legal action against Mecum and Michael J. Flynn, the consigning owner of the vehicle in question. But rather than leave the matter be, Mecum has listed the very same vehicle for auction again at its forthcoming sale in Monterey less than a month from now.
The silver supercar with black stripes is the 48th of 250 made in 2017. At the previous Indianapolis auction, it was listed with seven miles on the clock. This time it’s listed with 8.5, suggesting that the buyer who paid more than three times the retail price has driven it just a mile and a half since acquiring it two months ago.
It would seem, then, that either the current owner was spooked by the financial damages that Ford is seeking, or is looking to flip it and make a tidy profit – which is exactly the situation that Dearborn was out to avoid with that 24-month non-sale agreement. One way or another, it’ll be interesting to see how much it sells for this time (especially since Ford is soon to reopen the order books). That is, assuming the Blue Oval automaker doesn’t manage to block the sale this time.