De Tomaso Automobili rebuts allegations, pursues legal resolution, and advances its revival with the P72 hypercar, set for 2025 delivery.
As De Tomaso Automobili pursues its mission to restore the historic glory of the brand through the development and production of bespoke, one-of-a-kind hypercars, the company is currently addressing meritless allegations by a former consultant.
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P72 Hypercar Featured at Circuit de Barcelona-Catalunya (Photo: Business Wire)
On March 13, 2024, the company publicly denied all claims put forth by the consultant, describing them as unfounded and lacking factual support. The company believes these claims are motivated by personal grievances and have no basis in reality. Following a thorough exchange of evidence, De Tomaso also moved for summary judgment on November 6, 2024, seeking the termination of the claims based on their lack of legal and evidentiary support. The company is confident that the record evidence will demonstrate that the allegations do not hold up under scrutiny and are legally baseless.
In addition, De Tomaso has initiated counterclaims against the consultant for breaches of fiduciary duty and unjust enrichment, reinforcing the company’s commitment to ethical business practices. Since the allegations were unjustly brought into the public spotlight, the De Tomaso team has experienced significant growth, underscoring the company’s commitment to its vision. De Tomaso firmly asserts that every employee is integral to the success of this extraordinary project, rejecting the exaggerated claims made by the consultant that undermine the contributions of countless dedicated individuals.
De Tomaso remains steadfast in its mission to craft iconic machines that push the boundaries of automotive design, transforming them into true masterpieces. The P72 project progresses confidently, with its first customer delivery anticipated in 2025—a stunning embodiment of De Tomaso's passion for analog-focused craftsmanship, created with timeless artistry and meticulous attention to detail.
Throughout this journey, De Tomaso has stood by its commitment to integrity and professionalism, values that define every aspect of its operations. The company deeply appreciates the unwavering support of its stakeholders, custodians, and global community at this time. With transparency and resilience guiding the way, De Tomaso reaffirms its vision to be a symbol of artistry and authenticity in the world of motoring as it drives toward an inspired revival.
About De Tomaso Automobili
Founded in 1959 by racer and visionary Alejandro de Tomaso, De Tomaso Automobili is an iconic European American brand with a rich history, bold reputation, and treasured European sophistication and luxury. In 2014, Norman Choi, widely known for his efforts in the rebirth of Apollo Automobil, acquired the rights to De Tomaso, leading to the company’s revival introduction in 2019 with the coveted P72, which pays homage to De Tomaso’s 1965 P70 racing car in a tribute to the brands 60th anniversary. Deliveries of the P72 are slated to begin in 2025, with the introduction of new models such as the P900 to follow.
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Contacts
De Tomaso Media
De Tomaso Automobili
media@detomaso-automobili.com
