Famous race car driver's missing £350,000 Ferrari located after 28 years.

Did you hear the news? A rare Ferrari, the F512M, which was reported missing almost three decades ago, has finally been found in the UK. Can you believe it? This particular model was one of only 501 ever made and is now worth a staggering £350,000. It originally retailed for half that amount, around £175,000, but its value has skyrocketed over the years.

The car belonged to former Formula 1 driver Gerhard Berger and was stolen from him during the San Marino Grand Prix in Imola, Italy in 1995. Another sports car, owned by another F1 star, was also taken at the same time. Unfortunately, neither car could be located and the case went cold. That is, until last year, when an American attempted to purchase the stolen Ferrari through a British broker.

Luckily, Ferrari was able to identify the car as stolen and promptly notified the Metropolitan Police. An investigation was launched and it was discovered that the car had been shipped to Japan shortly after it was stolen. It remained there until late 2023 when it was brought to the UK by a buyer. The Met is currently holding the vehicle to prevent it from being exported while their enquiries continue.

PC Mike Pilbeam of the Organised Vehicle Crime Unit at the Met stated, "The stolen Ferrari, which is valued at £350,000, was missing for over 28 years before we were able to track it down in just four days. Our investigation was thorough and involved reaching out to authorities all around the world. Thanks to our partnerships with the National Crime Agency, Ferrari, and international car dealerships, we were able to understand the car's history and prevent it from leaving the country."

As of now, no arrests have been made in connection to the stolen Ferrari and the second car is still unaccounted for. It's amazing to think that after all these years, the missing Ferrari has finally been found and is back in the hands of its rightful owner. Let's hope the police are able to locate the second stolen car and bring it back to its owner as well.

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