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Rare Ferrari Enzo hammered off in historical Dubai auction

26 April 2012 16:57 No comments

Enzo dubai1 550x318 Rare Ferrari Enzo hammered off in historical Dubai auction

A million euro Ferrari Enzo was auctioned yesterday at the Al Quasis industrial area, thought to be the most expensive police sale in history. The Daily Mail reported a total of 129 cars were auctioned including several Porsches, Corvettes and BMWs. The cars belonged to locals, European business people or companies. Three other Ferrari’s also featured in the auction lots, but the Enzo (we reported about it several months ago) was the true eye catcher. It was impounded by officers last year after it was abandoned in a car park and covered in dust. The owner, a Brit, was being chased for unpaid traffic fines after he abandoned the car 20 months ago. The auction house website is currently offline so final prices are still unknwon.

In Dubai (UAE) having debts is like committing a crime. Many business people who fled the country were put on the Interpol wanted list automatically by the Arab state. In other cases cars were simply seized when the drivers left after an accident. Dubai’s laws say cars can be auctioned off six months after they were abandoned. In the last five auctions for motorbikes and cars, the local police collected (only) 1.7 million euro. The Enzo is still one of the fastest production cars around, and will be replaced by a new powerful V12 with hybrid technology.

175039 550x412 Rare Ferrari Enzo hammered off in historical Dubai auction

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