"Abandoned" $1M Ferrari Enzo not up for sale after all?

Jonathon Ramsey — Fri, 27 Apr 2012 09:45:00 EST

Filed under: Coupe, Performance, Auctions, Government/Legal, Ferrari, Middle East, Luxury

Remember that Ferrari Enzo that is still sitting in a Dubai police impound lot for "reasons that have never been clear"? It was meant to be auctioned this week, but it wasn't, and the Dubai authorities added some information to the Enzo's backstory that boils down one word: Interpol.

Unpaid traffic fines are thought to have lead to a British businessman abandoning the seven-figure Ferrari almost two years ago. After numerous reports of the Enzo being headed to auction - which lead to numerous calls from big spenders trying to buy it outright, Dubai police said the Prancing Horse is on the notice list at the International Criminal Police Organization. Vehicles flagged by Interpol are said to usually be the subject of theft investigations, and according to Emirates 24|7, the police commander says the Enzo and nine other flashy rides were "seized as they were part of thefts."

That means that the next time you see pictures of the mummified Ferrari, you'll know why it's still there and not up for auction. And seeing how long international criminal cases can take to resolve, you'll know why it's probably going to be there for a while.

"Abandoned" $1M Ferrari Enzo not up for sale after all? originally appeared on Autoblog on Fri, 27 Apr 2012 09:45:00 EST. Please see our terms for use of feeds.

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Abandoned Ferrari Enzo to be auctioned in Dubai

Jonathon Ramsey — Tue, 24 Apr 2012 11:00:00 EST

Filed under: Classics, Coupe, Performance, Auctions, Etc., Ferrari, Middle East, Luxury

Based on the cars that usually feature in the videos we get from Dubai, we can't really call the tale of this Ferrari Enzo that outrageous. Pictures of the dusty stallion have been zooming around the Internet while the real thing sat in a police impound lot for reasons that have never been clear - rumors ranged from it being hot goods in transit to China, to a casualty of the authorities for having been caught doing insane speeds on the Emirates Road.

According to a story in the Daily Mail, the truth is a bit more prosaic: the owner was a British businessman who couldn't pay traffic fines and who knows what else almost two years ago, so he abandoned the limited-edition thoroughbred to its fate. The police are going to send it to auction with 128 other vehicles, 23 of which are other luxury vehicles that were each burdened with fines anywhere from $26,761 to $27,225.

Most of the auction fodder was owned by companies; only 18 were individually owned. The auction is expected to be the biggest Dubai has ever held, but folks who bid on the Enzo should read the terms carefully: we can't see anyone abandoning million-dollar car for a $27,000 fine, so there's likely another payout lurking somewhere in order to take ownership. In addition to the cleaning bill.

Abandoned Ferrari Enzo to be auctioned in Dubai originally appeared on Autoblog on Tue, 24 Apr 2012 11:00:00 EST. Please see our terms for use of feeds.

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