EX-5.1 3 forms-8legalopinionespp.htm EX-5.1 Document
Exhibit 5.1

May 17, 2024
Group 1 Automotive, Inc.
800 Gessner, Suite 500
Houston, Texas 77024
Ladies and Gentlemen:
We have acted as counsel for Group 1 Automotive, Inc., a Delaware corporation (the “Company”), in connection with the Company’s registration under the Securities Act of 1933, as amended (the “Act”), of the offer and sale of up to 250,000 shares of the Company’s common stock, par value $0.01 per share (the “Shares”) issuable pursuant to the Group 1 Automotive, Inc. Second Amended and Restated Employee Stock Purchase Plan (the “ESPP”), pursuant to the Company’s registration on Form S-8 (the “Registration Statement”) to be filed with the Securities and Exchange Commission on May 17, 2024.
In reaching the opinions set forth herein, we have examined and are familiar with originals or copies, certified or otherwise identified to our satisfaction, of such documents and records of the Company and such statutes, regulations, and other instruments as we deemed necessary or advisable for purposes of this opinion, including (i) the Registration Statement, (ii) certain resolutions adopted by the board of directors of the Company, (iii) the ESPP, and (iv) such other certificates, instruments, and documents as we have considered necessary for purposes of this opinion. As to any facts material to our opinions, we have made no independent investigation or verification of such facts and have relied, to the extent that we deem such reliance proper, upon certificates of public officials and officers or other representatives of the Company.
We have assumed (i) the legal capacity of all natural persons, (ii) the genuineness of all signatures, (iii) the authority of all persons signing all documents submitted to us on behalf of the parties to such documents, (iv) the authenticity of all documents submitted to us as originals, (v) the conformity to authentic original documents of all documents submitted to us as copies, (vi) that all information contained in all documents reviewed by us is true, correct and complete, and (vii) that the Shares will be issued in accordance with the terms of the ESPP, as applicable.
Based on the foregoing, and subject to the limitations set forth herein, and having due regard for the legal considerations we deem relevant, we are of the opinion that the Shares have been duly authorized and, when the Shares are issued by the Company in accordance with the terms of the ESPP and the instruments executed pursuant to the ESPP, as applicable, the Shares will be validly issued, fully paid and non-assessable.
This opinion is limited in all respects to the General Corporation Law of the State of Delaware. We express no opinion as to any other law or any matter other than as expressly set forth above, and no opinion as to any other law or matter may be inferred or implied herefrom. The opinions expressed herein are rendered as of the date hereof and we expressly disclaim any obligation to update this letter or advise you of any change in any matter after the date hereof.
Vinson & Elkins LLP Attorneys at Law
Austin Dallas Dubai Houston London Los Angeles
New York Richmond San Francisco Tokyo Washington
845 Texas Avenue, Suite 4700
Houston, Texas 77002
Tel +1.713.758.2222 Fax +1.713.758.2346 velaw.com


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                                                                                Group 1 Automotive, Inc. May 17, 2024 Page 2

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Act.

    Very truly yours,

    
    /s/ Vinson & Elkins L.L.P.
    Vinson & Elkins L.L.P.