For Sale at Auction: 0 Cord Trademark in Midland, Texas

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Cord Automobile Company Trademark

Includes: Trademark (2936082) | Name and Heritage | Manufacturing (automobiles and parts) | Licensing (merchandise)

SELLING WITHOUT RESERVE OR MINIMUM

Cord, the fabled automobile trademark, the choice of the rich and famous during Hollywood's Golden Age, is on the market seeking a buyer wishing to resurrect this great name among car makers, worldwide. Craig Corbell bought the rights to the Cord name for $242,000 in late 2014 from the family of the late Glenn Pray, who had previously secured the rights to build the Buehrig-designed in the 1960s. Over the last five years, Corbell said he "was hot to trot busy flying all over the place" laying the groundwork for two separate vehicles that would have worn the Cord name. Speaking to Hemmings Classic Car Magazine in 2019, Mr. Corbell said he got to within a year of putting prototypes for his Cord Revival project on the road but decided to drop the project and put the rights for the Cord name back up for sale, citing in part the lack of guidelines from the federal government regarding low-volume replica cars. 2022 brought with it a solution to government guidelines but the years in between sent him in a new direction, diversifying into real estate development. "Being a visionary myself, it is my desire is that the Cord trademark will find itself in the hands of someone that will indeed revive it much like Stephen Wynne did for the DeLorean Motor Company." The new buyer will secure the trademark itself, as well as licensing and manufacturing rights of the Cord automobile. Follow link to entire press release: https://tinyurl.com/cordtrademarkforsale.