One of the most amazing street-legal vehicles ever made is the 1996 Ferrari F50. The vehicle was created to mark the iconic Italian automaker’s 50th anniversary. The F50 was designed to be as similar to a street-legal Formula One race vehicle as feasible.
Western District of New York Office of the US Attorney
That car has been sitting in the impound lot since December 2019. It was seized when it crossed a bridge from Canada to Buffalo, New York, on the back of a transport truck. When a US Customs officer saw something fishy about the transit, he stopped the truck and started doing some background checks. The officer discovered right away that this car has a spotty past.
Two parties assert that they are the rightful owners of the car:
According to the tale, Provenzi bought the vehicle in February 2003 alongside his father and brother. Paolo took the car to a hotel bar in the town of Imola a month later. He left the vehicle in the hotel’s parking garage. When he came out some hours later, it wasn’t there. No one saw the car for the next 16 years, until December 2019 when it was spotted by the Customs officer in Buffalo.
In 2003, Paolo submitted an insurance claim, but it was denied, costing him $310,000.
Imagine that it was December 2019 and Blue Line Trucking was bringing the Ferrari into the US. The car was listed as an “unaccompanied personal good” belonging to Mohammed Alsaloussi.
This occurred two years ago.
U.S. Attorney James P. Kennedy provided the following justification for the decision to seize the car rather than allow it to go through customs in a statement regarding the investigation:
“After an inquiry, my office came to the conclusion that forfeiting this incredibly valuable and previously stolen luxury vehicle would not be appropriate. Instead, after an 18-year odyssey, which we know took it across continents and countries, we have decided that the time has come for a court of law to determine the rightful owner of the vehicle.”
Ex-Theranos CEO Elizabeth Holmes Can’t Afford Attorneys, Wears $1,000 Outfit To Court
The blood testing company owned by Elizabeth Holmes, Theranos, collapsed in spectacular fashion. Now, she is embroiled in lawsuits in...
This Massive Villa In Bel Air Has A 2,000-Square-Foot Master Bedroom And Costs $25 Million
The villa is one of the largest homes in the entire Bel Air neighborhood in Los Angeles, measuring in at...
Comparing The Salaries Of Jimmy Garoppolo And Patrick Mahomes – Who Makes More?
In the upcoming Super Bowl LIV, the starting quarterbacks for each team are Patrick Mahomes and Jimmy Garoppolo. Who among...
Clark Hunt Takes Kansas City Chiefs To Super Bowl For First Time Since The 1969 Season
It has been half a century since the Kansas City Chiefs last appeared in the championship game of their sport....
Comparing The Salaries Of Andy Reid And Kyle Shanahan – Who Makes More?
Both Kyle Shanahan and Andy Reid have a shot at writing incredible comeback stories if their teams win the Super...