In an extraordinary online auction, the Spanish government is offering three high-performance luxury vehicles, a Ferrari 575M Maranello, a Ferrari Testarossa F512TR, and an Aston Martin DBS, with starting bids as low as €150 and €4,700 respectively. These vehicles, seized from drug trafficking operations, are being auctioned off to fund drug addiction prevention and rehabilitation programs.
High-Performance Lineup: The auction features three iconic sports cars, each boasting impressive specifications. The Ferrari 575M Maranello, a 2002 successor to the 550 Maranello, features a 5.75L V12 engine producing 515 horsepower, reaching a top speed of 325 km/h and accelerating from 0-100 km/h in 4.2 seconds. The Ferrari Testarossa F512TR, an evolution of the classic Testarossa, boasts a 4.9L flat-12 engine with 428 horsepower, achieving a top speed of 314 km/h and accelerating from 0-100 km/h in 4.8 seconds. The Aston Martin DBS, a grand tourer made famous by James Bond, is equipped with a 6.0L V12 engine producing 517 horsepower, reaching a top speed of 307 km/h and accelerating from 0-100 km/h in 4.3 seconds.
Seized Assets, Public Benefit: These vehicles, currently stored in a warehouse near Madrid, come from assets confiscated from drug traffickers. The online auction, hosted on the Escrapalia platform, is open to individuals and legal entities, requiring free registration on the portal. The funds raised will directly support programs aimed at drug addiction prevention, assistance for drug addicts, and their social and labor reintegration.
Auction Details and Viewing: The auction concludes on April 10th. Potential bidders can inspect the vehicles in person on April 8th and 9th in Coslada, Madrid, by registering through the provided link. A live streaming visit will also be available on April 8th. Participants must submit a bidding document and deposit a guarantee to participate, ensuring the auction’s integrity. The vehicles have been thoroughly inspected, and their condition and history are detailed in the auction listings.
Funding Social Programs: The proceeds from this auction, organized by the Government Delegation for the National Plan on Drugs of the Spanish Ministry of Health, will directly fund crucial social programs. Approximately 70% of the funds will support demand reduction programs, while 30% will be allocated to supply reduction efforts, including law enforcement and customs actions. In 2023, €28 million was distributed from the Confiscated Assets Fund.
Summary:
- Auction of Ferrari 575M Maranello, Ferrari Testarossa F512TR, and Aston Martin DBS.
- Vehicles seized from drug trafficking operations.
- Auction on Escrapalia platform, open until April 10th.
- Starting bids: €150 for Ferraris, €4,700 for Aston Martin.
- Funds to support drug addiction prevention and rehabilitation programs.
- Vehicle inspections available on April 8th and 9th.
- Live streaming vehicle viewing on April 8th.
Disclaimer: Vehicle condition and auction terms are subject to Escrapalia’s conditions. Bidders should review all provided documentation prior to participation.
Full details & bid : Ferraris and Aston Martin Escrapalia
This article was crafted with assistance from Gemini