Get the latest car news, reviews, and features.

Police in Australia recently tracked down a stolen Ferrari 488 GTB after a string of car thefts in a suburb just west of Melbourne last week. While authorities have recovered the high-end sports ...

Now, there is more information about the car, the kids and their parents thanks to an article in the Daily Mail. As it turns out, a wealthy businessman let his son drive the Ferrari as a present ...

As to why the authorities intend to destroy the car, let's listen to what one of the cops involved had to say: "It was a good fake but just a fake, Ferrari is one of Italy's crown jewels.