Watching television news can be depressing. Between the political rancor of election season and the "if it bleeds, it leads" mentality of most news directors, positive stories are scarce. But here's one that should make any lover of fine automobiles pleased.

The story, as reported by CBS This Morning, starts when the owner of a Los Angeles-based rental car company that specializes in exotics and luxury cars noticed that one of his vehicles was uncharacteristically sitting still for a few days after being rented. The $2,000-per-day 2010 Ferrari 458 Italia was equipped with a GPS tracking system, and the Italian Stallion's lack of use made Eric Blumberg suspicious. So he notified the police, who eventually found the car – in Hong Kong. It had been shipped through the Port of Los Angeles, labeled as "used fitness equipment," according to the Los Angeles Times.

It seems that the would-be joyrider who had "rented" the Ferrari was part of an international crime syndicate worthy of a screenplay, according to the CBS report. When the police investigated further, they found between 15 and 20 other vehicles that were being loaded into shipping containers and exported to Asia, a total of $1.5 million worth of four-wheeled loot.

The investigators told CBS that the vehicles can command up to twice their value overseas. While no arrests have yet been made in the case, at least these cars now have a chance of being returned to their rightful owners.

Scroll down to watch the full report.


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    • 1 Second Ago
  • 22 Comments
      AMG THIS
      • 2 Years Ago
      9 times out of 10 the cars are found at the shipping ports when they chase the GPS signal. How about better security at the shipping ports then? What is it the wild west over there?? You need a passport to use the washroom but can ship ANYTHING ANYWHERE...NO QUESTIONS ASKED??? ....that doesn't make sense.
      2012 ZR1
      • 2 Years Ago
      Right on! Finally technology is doing something good! I always complain about too much safety equipment BS (air bags, ABS, crash avoidance, idiots on phones... Etc, etc) (just today I saw a "woman" holding a phone in her right hand & yapping while trying to turn the steering wheel w/ her left! WTF!! ) We don't need more safety features, we need less frickin' idiots!! (complain, complain)
      lorenzo
      • 2 Years Ago
      They don't say how owner was able to see the GPS of the vehicle, from a remote location. Is that a stock GPS feature? Or I am guessing that the owner installed a secondary device. it just doesn't call it out, for good reason probably.
        themanwithsauce
        • 2 Years Ago
        @lorenzo
        Is it not unreasonabke that a company that loans high powered exotics places gps trackers on them in the eventthey get used in a crime
        Rob Cook
        • 2 Years Ago
        @lorenzo
        A Spot device is one likely way he could have tracked the car, small enough to hide well and can be hooked up to the car's electronics to charge. Spot then offers a website to track the device anywhere in the world.
        LJSearles
        • 2 Years Ago
        @lorenzo
        Just about every rental you buy has GPS tracking in them.
      2012 ZR1
      • 2 Years Ago
      Recently, a Loblaws Canada grocery warehouse ordered a shipping container of noodles & when they opened the container, there was a Lambo in it :) ...but no noodles :(
      sc0rch3d
      • 2 Years Ago
      i was like....so what the car has been sitting....OHHHH in Hong Kong...LOL. That would make me freak out too.
      George
      • 2 Years Ago
      HK is not the intended market. China is. Import tax on vehicles like this is ~2x the market price, so it's ~$600k USD to even buy one. Right now, 2nd hand F456 is going for $600k USD. http://www.dealer.ferrari.com/shanghai/458Italia.php
      Dvanos
      • 2 Years Ago
      Cool stuff, one can only imagine how many cars were missed and smuggled out.
      kuntknife
      • 2 Years Ago
      Now that you mention it, I'm trying to remember who had my Mercedes SLR McLaren last...
      Lada F1 team
      • 2 Years Ago
      I'm pretty sure there's an Aventador at 1:17, what are they doing showing X5's and Q7's... I guess it could be shipping legitimately.
      highestranked
      • 2 Years Ago
      How much money would you really save? The Ferrari Hong Kong dealer has a 2010 458 for US$500,000 with 4,000kms and it's RHD. http://www.dealer.ferrari.com/italianmotors/used/FERRARI/458_Italia/+/17969170
        breakfastburrito
        • 2 Years Ago
        @highestranked
        Ok math. stolen rented ferrari = $2k rent. shipping to Asia = $3k/car. snacks = 30rmb sell the car in China for $450k. buyer saves over $50k, and gangsters get $444k+. If it didn't make a WHOLE LOTTA sense, they wouldn't do it. Only downside is the issue of legality.
      Agilis
      • 2 Years Ago
      LoJack for the win.
      Luxurycar Rental
      • 2 Years Ago
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