Canadian Police Seize Ferrari 430 Scuderia, Auction It For $306,000

Derek Kreindler
by Derek Kreindler

A resident of Vancouver, British Columbia saw his Ferrari get auctioned off by the Royal Canadian Mounted Police, after they seized the vehicle for excessive speed in September.

The Ferrari was racing a BMW M6 in the north end of Vancouver, and was clocked traveling 124 mph in a zone designated for speeds of around 40 mph. Reports state that the Ferrari narrowly missed a mother and her children.

Provincial laws allow the police to seize and take possession of vehicles involved in excessive speeding or reckless driving incidents. The Scuderia ended up selling for $306,000, with the money divided between the vehicle’s owner and the government in an 80/20 split. The BMW M6 will be auctioned sometime next week.

[Source: The Province]

Derek Kreindler
Derek Kreindler

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  • P w P w on Oct 18, 2011

    Josef figel. A lot of people today knows democracy but they don't know democracy comes with resonsibility. If everybody talks democracy without filfilling his responsibility as a good citizen, he will be punished. 40 mph zone, not 124, get it?

  • Randy n Randy n on Nov 27, 2011

    It is dictatorship, there are other ways to punish a driver for doing this without selling his personal property. In a true democratic society this would not be tolerated. Ban him from driving fine him etc but to sell personal property that was not obtained illegally is simply wrong and this law should be changed.