Home / Auto News / News article: New Information Regarding Ferrari F50 Crashed By FBI - AutoGuide.com News
 |  May 09 2011, 11:48 AM

You know it’s a good story when there’s a prequel. Not long ago, a Ferrari F50 that was stolen from a dealership, then later recovered by the FBI, and then crashed by two FBI agents (if not, you can familiarize yourself with the back story here) When we last left the saga, the insurance company was trying to get its money back from the FBI for the smashed (and worthless) Ferrari.

Here’s how it all started. Tom Baker, an airline pilot, really wanted a Ferrari, but like the rest of us, just couldn’t afford it. But he really, really wanted it – so, he decided to get want he wanted by breaking the law. Baker didn’t start with the 1996 Ferrari F50. He started with a 1989 Ferrari 328 GTS, taking it for a test drive from a North Carolina dealership and never bringing it back. Next, he conned a Long Island dealer out of a 1985 Ferrari Testarossa.

But most impressive was his skill with taking the F50. Want to know how he did it? He walked into the Philadelphia dealership, without a driver’s license, and claimed he was the CEO of a California tech firm. He had just flown in from Atlanta, he said, to make a down payment on the posh ride after taking it for a test drive.

After getting the keys and taking off, no one saw it again until 2008, when FBI agents seized it from the Kentucky emergency room doctor Baker had sold it to. (Side note: the “poor” doctor had reported the car stolen after checking the VIN against Ferrari’s records, and lost both the car and the $375,000 he had paid Baker).

From here, the story takes an odd plot twist. Baker comes back into the picture to buy the car back from the doctor, in an attempt to cover his tracks. The FBI arrested Baker, notified the insurance company that the car had been found and the F50 was put into storage. You know the rest: two FBI agents, who allegedly moved the car from one storage facility to another, totalled the car by smashing it into tree. Motors Insurance Group now wants the FBI to pay them the total amount of what they had paid the dealership for the lost car. And, rightfully so, they want to know what the two agents were doing driving the car.

The matter is still waiting to make its way through the courts. And, we can smell a sequel in the works – nobody knows where the totalled F50 is.

[Source: Autoblog]