f40 stolen in italy in 1998

It lives in Japan today.

Back on the 10th November 1990 it was advertised for sale in Ferrari Market Letter, Volume 15 Number 23, by somebody ("Joe" in Pennsylvania) in USA. See here.

Marcel Massini

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wow curious to hear how this turns out

 

86499:
23 August 1990 Factory build start.
19 September 1990 Factory completion date.
19 September 1990 Factory Certificate of Origin issued.
Engine #23759.
Gearbox #506.
Scaglietti Body #96.
Delivered new to official dealer Sa.Mo.Car SpA in Rome, Italy.
25 October 1990 registered on Italian license plates of Rome "Roma 27028 Z".
5 November 1990 sold new by Sa.Mo.Car SpA to first owner Sodifer Srl., domiciled in Rome, Italy.

Marcel Massini

 

86499: I show the date of theft 22 June 1998 and it appears to have happened in Anagni (Province of Frosinone), Italy.

Marcel Massini

 

somebody in Japan is going to have a bad week....

 

Factory Statement of Theft.

Marcel Massini

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Quite the article - thanks for sharing.

MDS

 

Best of luck locating it and I hope it's also in good condition.

23 years after...

 

As said before (post #2) the car is in Japan and I understand it is still in one piece..

Marcel Massini

 

https://www.ferrarichat.com/forum/threads/f40-86499.506471/#post-144344586

 

Tim Holt of Westtown Imported Cars in West Chester, PA/USA.

Marcel Massini

 

so does the original owner have the right to reclaim the car from the present detainor under japanese law?

 

Marcel,

The Ferrari ad is dated November 1990 which seems to represent that the car was "ready for delivery" as Factory new in 1990. Since it was actually delivered new in Italy and stolen 8 years later.....I'm not sure how Japan comes into play. It looks like Joe may just have been a broker trying to represent and sell a new car.

JD

 

i dont think marcel is implying any connection between Joe and the present location and situation of the car.
he simply included that info to complete the historical timeline.

 

I agree. Marcel is the wizard when it comes to Ferrari history. I'm just trying to understand how he figured out the car was in Japan. Wizard's don't have to explain how they do magic but he definitely got my curiosity going.

 

HOW I figured out? It's in my database, very simple.
Again, the car IS in Japan right now. Since a long time already.
I have proof (Japanese title) but prefer not to post here.

Generally, lots of stolen Ferraris ended up in Japan.

Also generally: IF the Italian insurance paid the owner after the theft, then the car belongs today to the Italian insurance company. Unless they have since re-sold their rights to somebody else.

Marcel Massini

 

Correct. Not more than that.
And how many "Joe's" are in Pennsylvania anyway?

Marcel Massini

 

I have not heard of an insurance company re-selling its claim rights on a vehicle that was stolen.....that is interesting. It seems like a business opportunity.

 

Also: Not sure if the car was still with the first/original owner at the time of theft 8 years later (June 1998). Maybe the OP can answer that question.

Marcel Massini

 

Of course. Back in 1989 (peak of the market) and early 1990 there were literally hundreds of worldwide brokers, dealers, and all sorts of wannabees trying to make a quick buck by offering F40's, even if they had never seen an F40 in person and oftentimes without authorization from the owner anyway.

Marcel Massini

 

thanks to the mods.

 

That could be very cool to see how this turns out!


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