Bony's right, they wanted $40 million but I'd heard in addition they also wanted the first three GTs produced - one for each Safir partner. Ford walked away and later the owners of the GT40 name whined "that was just our initial asking price - we were willing to negotiate".
With due respect to BONY and others, the story that the individuals who purchased the rights to the "GT40" name from Safir in the UK held a gun to Ford's head and demanded a huge sum of money for the use of that name for the new Ford GT is incorrect. There were negotiations that ultimately did not prove successful in which $40M was an opening proposal. A proposal is not a demand. Characterizing the owners of Safir GT40 Spares as "whining" when the negotiations with Ford went south is a slur on three honest and sincere individuals and long time supporters of original GT40s and their owners who legitimately acquired the rights to the GT40 name and wanted to be compensated for Ford's use of it on the new car. What's wrong with that? Please see the following message that Bob Wood, one of the owners of Safir GT40 Spares in Ohio, posted on GT40s.com about this subject. Bob Wood can be reached at 513-672-8105 if anyone wants more information.
<<----- MESSAGE FROM BOB WOOD ----->>
Thank you for the impetus and the forum to tell the real story! We have told several publications the true story, all of which have Ford as a major advertiser. We feel that we will never get a fair deal with any of the automotive periodicals.
I will begin with two statements that are absolutely true. We never demanded any amount of money from Ford, never demanded $40 million, and the Ford Motor Company never made Safir an offer to evaluate. That being stated, one must understand that Ford was unwilling to spend any real money to buy the trademark.
Ford never registered the "GT40" word mark. Peter Thorp did in 1985 to make his MkVs the only legitimate GT40s with the name and successive serial numbers. In 1995 a toy company approached Ford to make a model of the GT40, and Ford realized at that time that they did not have any rights to the GT40 mark. Peter Thorp granted Ford the right to register a "GT40" mark for a different class of products (toys), which registration he could have opposed as it was a "GT40" model of his "GT40" cars. He allowed Ford to do so for no charge. Ford agreed never to interfere with Safir's registration or use of the "GT40" mark for full size automobiles.
When Ford decided to make the GT40 Concept into a production vehicle, Ford asked us (Safir) what we wanted for the mark to sell it to Ford, not just license it. We knew that Ford charges 7.5% of the retail price of a product to license the Blue Oval. We suggested that we begin our negotiations at that level, and that number was in fact $40million. For said that that was out of the question. We then asked Ford to make us an offer. Ford said that they did not want to make us an offer that we would not accept (?); essentially asking us to bid against ourselves! We said that we would take $25million. They laughed and we laughed, and then Ford said, "Seriously, what do you want?" We said, "Seriously,you make us the offer." For never would make us an offer in writing. Several things were suggested for which we asked a written offer. Tom Scarpello of Ford would never put anything in writing.
We told young Keith Crane (K.C.), son of Keith Crane owner Crane publications, just as above. It was K.C. Crane who printed the words "demanded", "bombshell" and that things got "ugly". We never demanded, it was never a bombshell, and we communicated with Ford for three months begging Ford for an offer. Ford for three months kept telling us that the "market equation" which they used to determine how many more cars they would sell as "GT40" vs. "Ford GT" would not justify spending much money on the trademark. Scarpello told us that the trademark was worth only that which we paid for the Safir assets which included the mark;he asked what did we pay $10,000, $15.000, $25,000. Ford never made us an offer, we never demanded any amount, much less the $40million tale, and K.C. Crane published something that was very misleading. It made us look very bad, and Ford the injured party. Ford did not care about the trademark.
We have heard from within Ford that we were offered the first and last car and $5million (Scarpello told that to a group of Ford enthusiasts gathered at a luncheon; he knew that it was not true), that we were offered $1million and a car each (Neil Ressler told me that himself) and that we would not take it, and that we were impossible to deal with. None of which is true.
We were only approached by Automotive News Weekly (K.C.Crane) for our side of the story. K.C.Crane mislead the readers with his wording. No other publication, no other publication, no other publication asked us for the story. DBLDREW links readers to Road and Track who never contacted us. The R&T article is just the same B.S. that R&T got from the Crane article. This is true for every article that has been written, except for articles that were written by Jim Mateja if the Chicago Tribune whom we subsequently contacted, and who wrote the true story. However, that story received little press when compared to the Crane story.
We would deserve the derogatory comments ( "gents" ((above)), "hosers", etc.) which we have been called if in fact there were any truth to the "offers" from Ford. We would have been idiots to have turned down millions of dollars and new cars, and we would not have had they been offered.
The shape is not in the public domain. A tenet of trademark law establishes that if a visual image conjures in one's mind a word mark, then the two are deemed to be one and the same. Does anyone look at a GT40 shaped car and think of anything other than "GT40"? Each mark is able to be registered.
Think of a winged red horse...Mobile Oil?
Thank you for reading! There is more to the story which will be published in the forth-coming Shelby World Registry. As Don S. has written, anyone can call me, and I will be happy to elborate. This is a great site, Ron. Thank you for the forum!
Bob Wood
07-12-06, 04:09 PM
banana), it was drilled into our heads that the car was a GT, NOT a GT40.
