On Tuesday the 18th, the Federal Revenue Administration seized a 2022 Ferrari F8 Spider in the port of Rio de Janeiro. The car came from Germany in January this year.
Revenue took over the Ferrari because the importer didn’t have the “financial backing” to get a car of that value. The vehicle document was also irregular.
Who owned the Ferrari, worth R$1.6 million, seized by the Federal Revenue Service?
The owner of the car is a 37-year-old man who, when required by the tax authority, must provide documents proving his financial ability to own the car.
Submitting this information, when the car arrived in Brazil, it was found that there were signs of irregularities in the documents.
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From that, the Federal agency The inspection of the importer began and it was found that he had no income, and had not declared income tax or paid taxes in recent years.
In order to buy a Ferrari in his own name, as an individual, the man used money from loans made to a company – which he himself owned.
As per the revenue, the company does not have any operating activity in its region, which would be the provision of consulting services.
The car has been in custody since January, and the reservation process ended this week. The criminal part of the procedure, according to the revenue, should be the responsibility of the Federal Police. The car, unless there is a court ruling, must be put up for auction within about six months.
Until then, the red Ferrari F8 Spider will be stored in a container – about 10 meters long – at a car depot located in Porto do Rio.
+ Read the latest news about Brazil on the Revista Oeste website
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.