Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Ant AnteadRadford Motors seems to be struggling financially.
The Supercar company filed for Bankruptcy Chapter 7 following a court hearing on Thursday, May 8, Weekly US can confirm. (People was the first to report the news.)
According to court documents obtained by UsRadford Motors filed a voluntary petition for relief under CHAPTER 11 From the bankruptcy code in October 2024. The move was made “to continue its business, get cash infusion and complete the vehicles on an order.”
During the case, Radford Motors has “acted at cash -based loss,” by court documents.
In their newest filing, the debtors decided that Chapter 11 is not the best way to operate for the company. Instead, converting the case to Chapter 7 “is in the best interests of his estate and creditors.”
According to the US courtsChapter 7 bankruptcy may include “dissolution” or selling unrivaled property of a debtor and the distribution of the gains to creditors.
Us Extended to Radford Motors for comment on the filing.
Back in 2020 Antead joined Formula 1 champion Jenson button In creating Radford Motors.
Ant Antead
By the kindness of Ant Antead / Instagram“Radford specializes in creating bespoke, luxurious vehicles,” Button wrote on the company website. “Known for our craftsmanship, attention to detail and using premium materials to create unique and unique vehicles, we are dedicated to achieving the highest level of customer satisfaction by distributing vehicles that reflect each client’s unique personality and style.”
In recent months, however, Radford Motors has faced legal proceedings and allegations of failing to provide cars that people have requested.
“Any claim is dealt with as part of the bankruptcy case,” said Radford in a statement to People In October 2024 after the company filed for bankruptcy chapter 11.
That one month, Antead repeated his commitment to Radford customers despite the “challenges of the company.”
“Radford implements strategic institutional improvements in maintaining full operational continuity,” he said in a statement to People. “I remain fully committed to promoting Radford’s vision and growth. My role and dedication to the success of Radford remains unchanged.”
“Along with Jenson, we maintain our fundamental commitment to excellence that has defined Radford from day one,” continued the Ansead statement. “As Founders, we understand the unique challenges of building a premium automotive brand, including the vital importance of having partners whose values and vision are fully aligned with our mission. Like many entrepreneurial enterprises, our journey has presented opportunities and challenges. the brand’s prestigious heritage. ”
Before launching Radford Motors, Ansead – dating Renée Zellweger – his own television production company started in 2014 and produced its own show called The most expensive cars of the world.
Most recently he starred in the UK’s 2024 series Ant Antead: Born Mechanicwho followed his journey of rebuilding a historic home with funds he made by selling classic cars he restored.