HOU Ferrari and Exotic Spotters

there's a spa close to my house called Visage, the owner has a yellow gallardo, so again today, its there akmost every day, it says Visage in the licesnse plate

 

Red 575 on Waugh/Heights Blvd. this afternoon.

 

there was an F430 at my school in the woodlands with some woman driving, also a DB9 volante on a tow truck in a little plaza in the woodlands, one with a starbucks, it wasn't wrecked, probably just a delivery or something

 

Red 348 this morning in the River Oaks shopping center.

 

Thanx to ty360 for letting me take the pics.
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login
Image Unavailable, Please Login

 

Very nice!

 

Just saw a blue Noble on Allan Parkway, a silver 996 GT3, and a black RS4 with gunmetal rims on Shepherd.

 

That Amirs neighbor, what did you think of the car in person?

 

I think it looked pretty good. Some have said it looks too much like a kit car, but I didn't think so. It was cool to finally see a real one.

 

yea I'v seen it too, but I just passed it and it was parked, it looked good to me, didnt seem like a kit car

 

On Sunday morning I saw a white Lotus Esprit on Waugh. Don't know the specific differences between years, but it was an '80's four cylinder.

 

Yellow Gallardo in Giddings, TX headed twords Houston.

 

this past weekend, black SLR leaving the exxon at shepherd and westheimer. then a few seconds later that light bluish bentley GTC turned west on westheimer from shepherd.

 

Orange Gallardo in The Woodlands yesterday that looked stalled.

 

For those of you who don't know Franco's father passed away in Italy Wednesday evening.

Franco is on his way over.

 

RIP

 

Black 430 yesterday on Grogans Mill and today a dark metallic 612 at PF Changs in The Woodlands. That 612 sounded so incredible I almost sat on the curb beside it but my wife wouldn't let me.

 

was out in the 430 this afternoon and got to drive in front of a silver CGT for a while on AP. seeing one of those in your rear view mirror is something else.

also saw a red 575 headed out of downtown on AP.

 

I saw the 430 on Sawdust and the 612 as I was going to Conns

 

Ty: I'm almost positive that the CGT you saw as a guy named Kamran, he is the CEO of University General Hospital....owns about 10 cars. Has a 430 spyder, murcie roadster, phantom, ford gt, etc.....

 

Around 2:00pm saw a grey 430 spyder on San Jacinto heading towards downtown.

 

saw an red F430 at about 4 today at the perry's in the woodlands, here are some pictures
Image Unavailable, Please Login
Image Unavailable, Please Login

 

Saw a black Aston V8 Vantage at Starbucks in River Oaks, followed by a grey 612 with yellow calipers driving by. The 612 looks good in understated colors.

 

** Back in the mid to late '90s there was a fellow who lived in Houston off Westheimer Road down by the country club. He owned a Yellow F50 and an assortment of other Ferraris. He travelled around to club events in a bright red Prevost Marathon motor coach. I would see he and crew at Texas World Speedway and also in Florida at Moroso. Surely if he is still active in the Ferrari world, he woud own an Enzo and and probably even a Bugatti Veyron.

FM

 

Yes, Paul Frame is his name...his house is on my street. It is actually for sale right now for $15mm....however it owned by someone else. Unfortunately I highly doubt he is active in the Ferrari world as his cars were purchased with stolen company money. As a matter of fact, I think he is in prison now....His collection was impressive though

http://blog.kir.com/archives/001882.asp

More specific info

Specifically, the Commission's Complaint alleges:


During 2001, Frame, then Seitel's CEO, deceived the company into paying $750,000 to resolve personal litigation brought by his former girlfriend; $179,000 to buy a Ferrari that he drove in a private racing club; and $256,000 in racing-related expenses. Frame intentionally misrepresented these expenses as company costs. Investors did not learn of these improper payments until after Frame resigned from the company.

Seitel's lax controls facilitated Frame's wrongdoing, and led the company to pay $148,000 for a security system for Frame's mansion and $2 million of advances to Frame for as-yet unearned bonuses, none of which Frame's employment contract permitted. Debra D. Valice, Seitel's then-CFO, also received unauthorized bonus advances of $375,000.

In early 2002, Seitel's Board declined to award Frame and Valice bonuses, but agreed to accept promissory notes for advances previously paid. The notes exceeded what Frame and Valice actually had received as advances, so Seitel's accounting department, at Valice's direction, paid them the difference, totaling approximately $335,000. Frame and Valice left Seitel soon thereafter.

edit: even more interesting readings

http://money.cnn.com/magazines/fsb/fsb_archive/2005/07/01/8265277/index.htm