Ford announced the settlement that notes an undisclosed amount of money coming from Mecum Auctions. That money will be donated to the Ford Motor Company Fund, which provides money to various community organizations with a focus on education, safety and community services. In addition, Mecum Auctions agreed to not consign any Ford GTs from original owners that are still under the two-year restriction on resale. The company will also contact Ford for permission before offering Ford GTs from non-original owners that have cars still within the two-year restriction. Both companies also ask original owners to abide by the two-year sale policy.
With this lawsuit settled, we realized that the Cena Ford GT alone was sold a few times in the span of a year, and we were curious if there are any other suits pending. A Ford representative confirmed that there are some additional lawsuits, and the company is "confident we can enforce the ownership agreements." As the lawsuits are current, he couldn't give us any further information. We also reached out to Mecum Auctions for a statement, but did not receive one by the time we published.