Ultra-Expensive and Rare Ferrari LaFerrari Seized From Smugglers Is Rusting Away in Customs Lot

It’s a sad sight to see a car worth millions of dollars sitting unwanted and neglected. Recently, a blogger known as “@melo.chiii” came across exactly that at an open lot belonging to the Bureau of Customs, where a rare Ferrari LaFerrari hypercar was discovered.

The car has reportedly been sitting there for over a year and, due to the climate and improper storage, has fallen into poor condition — one that is likely to deteriorate even further over time.

Photos shared by the blogger on social media show a red Ferrari LaFerrari, one of just 499 units ever produced. The vehicle is parked in a standard outdoor lot, covered in dirt and dust, and sealed by authorities.

Despite being a hypercar with current market prices starting at around $3.5 million, it is being treated like any other confiscated vehicle. As a result, it is exposed to the harsh local climate — high humidity, scorching sun, and tropical downpours.

The seized Ferrari reportedly appeared at the customs lot in mid-February 2025 following a major crackdown by Philippine authorities on illegal vehicle imports.

Agents conducted raids at two offices of a local company, TopCar Specialist and Trading Inc., where they uncovered an impressive collection of luxury vehicles valued at approximately 1.4 billion Philippine pesos.

Among the confiscated vehicles were not only the Ferrari LaFerrari, but also a McLaren Senna, two Bugatti Chiron hypercars, a Rolls-Royce, a Ferrari SF90 Stradale, and several other premium models.

If it is determined that proper duties and taxes were not paid, local law mandates that the vehicles be forfeited to the state and eventually either destroyed or sold at public auction.

However, it remains unclear what condition these cars will be in by the time they reach potential buyers. The hot and humid climate of Manila takes a toll on high-end paint finishes and carbon-fiber body panels.

The interiors — with their fine leather and foam materials — are highly sensitive to moisture and prolonged inactivity, not to mention the onboard electronics, which are particularly vulnerable to temperature fluctuations.

Carbon-ceramic brakes and mechanical components designed for regular use also suffer when left sitting outdoors for extended periods.

As a result, future owners of this Ferrari LaFerrari — as well as the other high-end vehicles seized from criminals in the Philippines — will almost certainly face steep restoration costs.