Canelo Alvarez's Company Faces Legal Heat Over Luxury Car Deal: "We Did Nothing Wrong"

George Fields March 21, 2025, 10:10 a.m.
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Saul 'Canelo' Alvarez's luxury car company faces accusations of selling a stolen Rolls Royce. The Mexican boxing champion's business venture, Alvarez Exotics, got caught up in a sticky situation involving a high-end vehicle reported missing in Los Angeles.

A man claims someone stole his Rolls Royce after he took it to a workshop for repairs in LA. Later, he found out Alvarez Exotics had sold the car. The owner tried to get in touch with the company's staff but didn't get anywhere. He couldn't prove he owned the car either.

When the owner dug deeper, he learned about Canelo's connection to Alvarez Exotics. But by then, the company no longer had the car. It turns out they'd sold it to Luis R Conriquez, a Mexican regional music singer who's good friends with Canelo.

Canelo started his luxury car business a while back, tapping into his love for fancy rides. The company buys, sells, and swaps pricey cars and motorcycles. But now, this stolen car accusation might cause some legal headaches for Alvarez Exotics and maybe even for Canelo himself.

The car's now in Guadalajara, far from where it went missing in Los Angeles. It's a messy situation that's put Canelo's side hustle in the spotlight for all the wrong reasons.

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