Ant Anstead’s car company files for bankruptcy after fraud claims

Ant Anstead’s car company filed for bankruptcy after he was accused of fraud and misrepresentation, Page Six can confirm.

“Radford Motors is going through a Chapter 11 Business restructure that will be implementing strategic changes to strengthen our foundation for the future,” co-founder Daniel Bednarski said in a statement to People Wednesday.

Bednarski shared that “certain ownership transitions will occur,” but he did not clarify whether he was referring to himself or Anstead.

Ant Anstead’s company, Radford Motors, filed for bankruptcy. ant_anstead/Instagram The TV host, pictured here on Oct. 20, was previously accused of fraud and misrepresentation. CraSH/imageSPACE/Shutterstock

“We are excited about the road ahead and remain focused on continuing business as usual with renewed energy and purpose,” he added.

Bednarski reiterated that the luxury vehicles company is “committed to its legacy of unparalleled craftsmanship and excellence.”

“This pivotal move ensures the company will continue to exceed client expectations and shape the future of luxury vehicles,” he concluded.

Anstead co-founded the luxury vehicle company in 2020. radfordmotors/Instagram He enlisted Formula 1 champion Jenson Button, pictured here together in 2022, as a business partner. radfordmotors/Instagram

Anstead, 45, and Bednarski filed for bankruptcy after one of their former business partners, Pastor Pat Velasco, sued the duo in March for allegedly owing him $2 million.

Anstead and Bednarski found themselves in a second legal battle in July when another co-owner, Roger N. Behle Jr., accused them of mismanaging the company’s finances.

Behle said in his complaint that Anstead and Bednarski secured a sale for $100,000 but allegedly “took $54,635.52 from this deposit and used it to pay a vendor for work unrelated to the new client’s vehicle.”

“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,” Behle further alleged in his suit.

In March, Anstead and his business partner Daniel Bednarski were hit with a lawsuit. ant_anstead/Instagram The complaint claimed Anstead and Bednarski owed a former business partner $2 million. radfordmotors/Instagram

Behle also accused Anstead and Bednarski of using company funds to pay for personal expenses, such as auto insurance.

Anstead and Bednarski have since filed a counterclaim against Velasco and Behle.

The business partners founded the company that “specializes in the creation of bespoke, luxury vehicles” in 2020, per its website.

The “Wheeler Dealers” co-host faced another lawsuit in July. ant_anstead/Instagram Anstead has yet to address the bankruptcy or either lawsuit. ant_anstead/Instagram

The “For the Love of Cars” host previously admitted that launching Radford was a “huge risk” for him.

“We have seven people, and we privately funded this. We are doing it. We’re risking everything,” he told People in April.

Anstead, who is currently dating Renée Zellweger after his divorce from Christina Hall, has not publicly addressed the bankruptcy nor did his rep return Page Six’s request for comment.