Tuesday, April 8, 2025

Confiscated Ferrari sold for millions at auction

It was a brief pleasure that a then 61-year-old man had in a leased Ferrari 488 Spider. The same day it was seized for reckless driving and later confiscated. Now it has been sold.

A Ferrari 488 Spider, seized by police in 2021 after a speeding accident on a stretch of Danish highway, has now been confiscated and sold at auction. The sale price ended at 1,707,000 kroner after a bidding round that ended Tuesday afternoon.

The car was seized in April 2021 when a 61-year-old man was measured to be driving 210 kilometers per hour on the Frederikssund Motorway near Smorum.

The speed limit on the stretch is 110 kilometers per hour. The man had just picked up the leased car when he was stopped by the police.

This all happened just two days after the new rules on reckless driving came into effect in March of that year.

The rules include that vehicles can be seized and ultimately confiscated by the state if the driver behind the wheel drives at a speed that exceeds the permitted speed by more than 100 percent.

The expensive Ferrari has been in police custody since the crash, while the case has been processed through the legal system.

The driver explained in court that he was aware of the new rules and tried to comply with them. He also explained that it is his hobby to drive around in expensive cars, such as the Ferrari.

The leasing fee on the car cost the man over 20,000 kroner per month, which corresponded to more than half of the man's monthly income.

In October last year, the High Court ruled that the man was guilty of reckless driving and that the car should be confiscated.

The car was subsequently put up for auction by the company B2B Auctions. The minimum price was set by the police at 1,000,000 kroner.

The case is an example of how the police take reckless driving seriously and that there can be serious consequences for breaking the law. The story has also received attention abroad.

There have been other cases of reckless driving where cars have been confiscated and sold at auction.

In one case, a Lamborghini was sold for 1.9 million kroner, and in another case, a Porsche Taycan Turbo S was confiscated from former football player Nicklas Bendtner.

The footballer did not lose the car to reckless driving, but because he repeatedly drove around without a valid driving license in Denmark. Boosted was the first media outlet in Denmark to reveal who had bought the car. Read more about it here .

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