Ant Anstead's Radford Motors Files for Bankruptcy

Ant Anstead's bespoke car company, Radford Motors, has filed for Chapter 11 bankruptcy amid allegations of fraud and financial mismanagement. The company, co-founded by Anstead, Formula One driver Jenson Button, and Daniel Bednarski, faced lawsuits from former partners claiming owed payments and misappropriated funds. Specifically, partner Pastor Velasco is suing for $2 million, while Roger N. Behle Jr. accuses Anstead and Bednarski of misusing client funds. Despite these challenges, Bednarski stated that the bankruptcy process aims to restructure the business for future stability and growth. Anstead previously acknowledged the significant financial risks involved in launching Radford Motors, which focuses on creating luxury vehicles. The company gained recognition with its Lotus Type 62 supercar, but these legal troubles now threaten its operations.