Upon discovering this discrepancy, the feds reached out to the California Highway Patrol Investigative Services Unit and a special agent from the National Insurance Crime Bureau that was assigned to the Foreign Export and Recovery (FEAR) team. The U.S. Customs and Border Protection even reached out to a Ferrari factory expert. Once everyone involved had a chance to do their due diligence, the conclusion was made that the Ferrari 308 GTSi was stolen from an Orange County used car lot on July 19, 1987. The owner of the car received an insurance payout for the theft, according to U.S. Custom Border Protection who stated that the owner “wishes to remain anonymous.”

With only 45,000 original miles on the odometer, the 2.9-liter naturally aspirated V-8 capable of producing just north of 200 hp is seen as a pristine example of such an iconic sports car. While the Ferrari 308 GTSi may be among one of the most recognizable Ferraris of the 1980s, the value of the car is much less than one would expect. The going rate for this car sits right around $50,000. Some contributing factors to the extremely low price tag include over production and a miniscule amount of horsepower found under the hood.
SPEEDVEGAS is the award-winning 100-acre motorsports complex. Guests experience the world’s most sought-after muscle cars and exotic supercars from Porsche, Ferrari, Lamborghini, Audi, McLaren and more. The $30 million SPEEDVEGAS experience features an impressive 1.5-mile (2.4 km) Formula One-inspired racetrack comparable to top circuits in the world, and includes 12 sweeping turns, 20-degree banked turns, 60 feet of total elevation change and a half-mile straightaway. The track at SPEEDVEGAS is the only track of its kind in the world designed specifically so the public can enjoy supercar driving experiences. In addition, the 20,000-square-foot, 2-story welcome center features indoor and outdoor observation decks, food and beverage selections at a well-appointed café, meetings and event space and much more. SPEEDVEGAS is located just minutes south of the world-famous “Welcome to Las Vegas” sign.
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The 1964 Ferrari 275 GTB/C remains one of the rarest and most desirable vehicles to ever come out of Maranello. Only three were produced and just one has a racing history. Being that vintage Ferraris with racing pedigree bring in a substantial amount of money at time of sale, it is quite possible that this 1964 Ferrari 275 GTB/C could nab a record-setting $100 million dollars. What makes this story so special is that the potentially most expensive car in the world can be found on display at a Florida flea market and not a museum or private collection. Car owner Preston Henn is known for his lavish collection of exotic cars that are proudly on display at each of his three Swap and Shop flea markets located in Fort Lauderdale. This has to be one of the least expected places for a car of this caliber to call home.
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