The tv host and automotive skilled’s supercar agency Radford Motors utilized for private chapter on Wednesday in the midst of various fits from group companions
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Ant Anstead is talking up after his agency, Radford Motors, utilized for private chapter.
The British- birthed grasp technician and tv speaker, greatest acknowledged within the united state for his appears to be like on HGTV and because the man of Oscar victor Ren ée Zellweger, shared a declaration particularly with people after his supercar agency utilized for private chapter on Wednesday in the midst of various fits submitted by his group companions affirming scams and mismanagement for the movie star.
Anstead continues to be “fully committed” to Radford no matter its current “challenges,” he acknowledged.
“Radford is implementing strategic organizational enhancements while maintaining full operational continuity. I remain fully committed to advancing Radford’s vision and growth. My role and dedication to Radford’s success continue unchanged,” he shared.
Related: Ant Anstead’s Car Company He Once Called ‘a Huge Risk’ Files for Bankruptcy After Alleged Fraud (Exclusive)
@a. d.lawrence _He thel/Lotus JPS-2
He proceeded, “Along with [cofounder and F1 champ] Jenson [Button], we maintain our foundational commitment to excellence that has defined Radford from day one. As founders, we understand the unique challenges that come with building a premium automotive brand, including the critical importance of having partners whose values and vision align completely with our mission.”
“Like many entrepreneurial ventures, our journey has presented both opportunities and challenges. Throughout this evolution, our unwavering focus remains on delivering exceptional value to our clients while honoring Radford’s storied legacy. We are grateful for the continued support of our community and remain fully dedicated to advancing the brand’s prestigious heritage.”
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The Celebrity IOU: Joyride host is a founding father of the agency, which restored the beforehand inoperative British automotive producer Radford in August 2020 with the target of creating the Lotus-Radford Type 62-2 supercar.
Anstead talked to PEOPLE regarding the high-stakes job in April 2023 prematurely of the launch of a docuseries, Radford Reborn, regarding the growth of the car.
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“This is personally a huge risk for me,” Anstead acknowledged. “We have seven people, and we privately funded this. We are doing it. We’re risking everything.”
“I knew that we were taking on a monumentally difficult project in an industry that’s really tough because we are up against some big brands with some big funding. We just had to collectively believe in what we were doing,” he proceeded.
Related: Ant Anstead Shares Look Inside Barn of 500-Year-Old Farmhouse He Just Purchased in Rural England (Exclusive)
But on the time, Anstead preserved his job will surely be a hit.
“We are now moving into production,” he shared from the brand-new Radford head workplace in Costa Mesa,California “We’ve sold a number of cars to collectors all over the world, and we are now delivering those cars.”
Radford’s private chapter declaring follows quite a few of Anstead’s group companions have truly taken lawsuit versus him.
In March 2024, amongst his financiers, Pastor (Pat) Velasco, submitted a authorized motion versus the tv movie star and amongst his founders, Daniel Bednarski, asserting he’s owed $2 million.
Related: Christina Hall Responds to Fan Who Suggests Ex Ant Anstead Replace Husband Josh on New HGTV Show: ‘Genius’
Several months in a while, on July 24, co-owner Roger N.Behle Jr submitted a grievance affirming Anstead and Bednarski mishandled the agency’s funds.
The July grievance declares that Anstead and Bednarski– that the declaring insurance coverage claims was Anstead’s life teacher previous to ending up being Radford’s major financial policeman– safeguarded a brand-new sale of $100,000. However, hours after the money was wired, Anstead and Bednarski “took $54,635.52 from this deposit and used it to pay a vendor for work unrelated to the new client’s vehicle,” the grievance evaluations.
It proceeds, “Twenty-nine minutes after the first wire was sent, Bednarski took more of the new client’s funds and paid himself $20,000 via wire.”
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The match much more declares they supposedly spent for particular person expenditures like automotive insurance coverage coverage with agency funds.
On April 26, the agency submitted a counterclaim versus Velasco, Behle, and others.
Related: Ren ée Zellweger Spotted Kissing Ant Anstead in First London Sighting Since Arriving to Film Bridget Jones Sequel
In a declaration to PEOPLE onWednesday Oct 23, Bednarski clarified the selection to use for private chapter,
“Radford Motors is going through a Chapter 11 Business restructure that will be implementing strategic changes to strengthen our foundation for the future,” the declaration evaluations partly. “During this process, it’s expected that certain ownership transitions will occur, which is an important step in our evolution. We are excited about the road ahead and remain focused on continuing business as usual with renewed energy and purpose.”
Behle and Velasco decreased to remark and Anstead’s lawyer cannot be gotten to.
Anstead’s lawful issues have truly landed as he’ll premiere his most up-to-date tv program within the U.Ok., Ant Anstead:Born Mechanic The reveal premieres on the U.Ok. community Quest and Discovery+ on Thursday, October 24. It follows his journey reconstructing a historic house whereas moneying the development by providing classic automobiles he brings again.
He previously confirmed up on HGTV’s Christina on the Coast alongside along with his then-wife,Christina Haack The set had been wed from 2018 up till 2021 and share youngster Hudson, 5. Anstead moreover organized the Discovery+ assortment Celebrity IOU: Joyride, the place he glad Zellweger, whom he’s been relationship provided that June 2021.
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