Stolen Ferrari found after 28 years

[ingenieur]

https://www.msn.com/en-gb/sport/other/formula-one-...

My question is what will happen to it now? Does it go back to the original owner? There must be many hundreds of thousands invested in this vehicle so someone is going to lose their shirt big time!

[ingenieur]

It was detected at the point where a dealer here was about to sell it to a customer in the US. So I wonder whether that guy could still buy it and pay the insurance co rather than the dealer?

I wouldn't be surprised if the dealer here has no idea about the history and is about to lose a packet.

My understanding of insurance for cars of this sort of value was that they were not insured in the conventional sense but had some sort of indemnity bond or something like that? Probably talking utter nonsense but does it work the same as normal?

[ingenieur]

SpudLink said:

Jim H said:

I remember reading about this at the time, in other on-line reports there is mention of a second Ferrari stolen that weekend.

IIRC it was Alesi ‘s 355.

What a lucky lad Gerhard was back then, ragging around the tracks in what I consider one of the best sounding and looking F1 cars - the 412T2.

And he had a cracking road car to boot!

I seem to remember reading that Berger left the keys in the ignition while he popped into a hotel.

The article says: "Italian police believed the cars were likely to have been stolen to order"

So seems unlikely it was opportunistic although we do have a BBC inspired view of Mediterranean police investigations as lackadaisical and bungling so who really knows.

[ingenieur]

ambuletz said:

it made its way all the way to japan, how does something like that not get spotted?

I suspect 25 years ago shipping would be more of a paper-based exercise so you would have written XYZ on the paperwork instead of ABC. Gets to Japan and nobody knows anything of the previous history and has no way of finding out.

[ingenieur]

Mr Pointy said:

ingenieur said:

ambuletz said:

it made its way all the way to japan, how does something like that not get spotted?

I suspect 25 years ago shipping would be more of a paper-based exercise so you would have written XYZ on the paperwork instead of ABC. Gets to Japan and nobody knows anything of the previous history and has no way of finding out.

I'd suggest that even 25 years ago a VIN check with Ferrari would have taken minutes.

I suppose yes, on the VIN check. But I've never tried to confirm the VIN of my car with the manufacturer and I've probably had 100 of them. It's the surrounding circumstances which we don't know about. Maybe it was in Japan but just sitting in a warehouse?