Monday, May 23, 2011

Feds Won’t Pay the Bill for a Ferrari F50 Wrecked by an FBI Agent


Back in 2009, an FBI agent made headlines after crashing a rare $750,000 Ferrari F50 that had been stored in a government impound lot. The story has it that the Italian supercar was stolen from a Pennsylvania dealer in late 2003, and while the insurance company paid off on the loss, the F50 was eventually found in August of 2008 in Kentucky. The V12-powered model from Maranello was then impounded and kept in Lexington, Kentucky, as part of an active criminal investigation. And here’s where the story gets interesting.

In May of 2009, FBI agent Fred Kingston invited Assistant U.S. Attorney J. Hamilton Thompson for a “short ride” in the 1995 Ferrari F50, of which 349 were ever made with only 50 coming to the States. Unfortunately, the joy ride was cut short after the driver lost control of the Italian supercar.

Read more »