Stolen $3 Million Ferrari F50 Gets Totaled by FBI Agent During Joyride
The Ferrari F50 is by far one of the world’s rarest hypercars on the planet. With just 349 examples of this ultra-rare Ferrari ever made, prices today go as high as $3 million for cars with pristine ownership histories.
However, one F50, in particular, went on a wild ride after being stolen, found by the FBI, and crashed by an agent during a joyride. According to Rob Ferretti of the SuperSpeedersRob YouTube channel, this F50 story quickly goes from bad to worse.
How did this $3 million Ferrari F50 get stolen in the first place?
This broken Ferrari F50 story starts all the way back in 2003 with a test drive. According to Ferretti, an unidentified man scheduled a test drive with a Pennsylvania Ferrari dealership after fronting as a wealthy business person. Although Ferretti is unsure, it seems the man gave the dealership a false name, information, and driver’s license.
During the test drive, the man reportedly told the salesperson that he was content with the F50 and wanted to purchase it. Eventually, the man asked the salesperson to drive the hypercar back to the dealership so he could ride in the passenger seat. However, once the salesperson got out of the car, the unidentified man took off in the $3 million Ferrari F50.
From there, the car was not seen again despite the dealerships’ best efforts. According to Jalopnik, Motors Insurance, the dealership’s insurance company, reportedly paid the dealership for the stolen hypercar.
The FBI recovered the crash and subsequently crashed it
After disappearing for five years, the FBI accidentally found the stolen Ferrari F50 while conducting a separate investigation. Unfortunately for Motors Insurance, the agents decided to hold on to the car during a trial.
According to Jalopnik, over a year after the Ferrari F50 was found in 2009, an FBI agent allegedly decided it was necessary to move the vehicle. Additionally, the agent asked an assistant U.S. attorney if he wanted to ride in the passenger seat. In an email covered by Jalopnik, the assistant stated:
“Just a few seconds after we left the parking lot, we went around a curve, and the rear of the car began sliding. The agent tried to regain control, but the car fishtailed and slid sideways up onto the curb. The vehicle came to rest against a row of bushes and a small tree.”Unnamed Assistant U.S. Attorney via Jalopnik
The obvious assumption here is that the FBI agent was not familiar with the 512-hp Ferrari F50. According to Jalopnik, the FBI agent blamed “bald tires” for the incident. Regardless, the crash caused extensive damage to the car’s carbon-fiber bodywork.
What happened to the FBI agent and where is the car now?
If you assumed that the FBI got completely off the hook for this Ferrari F50 crash, you’d be correct. According to Jalopnik, Motors Insurance decided to file a lawsuit to recover $750,000, the F50’s market value at the time. However, the U.S. Department of Justice reportedly denied the claim and decided that the insurance company was not entitled to any payment.
In 2012, the crashed and stolen Ferrari F50 popped up again in an online Copart auction. Unfortunately, the supercar was still in its crashed state and reportedly sold with a salvage title. In 2013, Fox News found that the supercar went up for sale again. This time, someone had fixed it, leaving it looking brand new. Unfortunately, we don’t know how much it sold for, or where it is now. Regardless, it likely has the craziest past of any F50 ever.