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Sars customs officials intercept Ferrari F1 being smuggled into SA

As a result, the supercar estimated at R13.8 million, was parked in a bonded warehouse for three years.

Picture: AFP.

JOHANNESBURG – The South African Revenue Service (Sars) customs officials have intercepted a Ferrari F1 which was being smuggled back into the country.

The revenue service says the owner failed to follow the correct procedure to bring the car into South Africa back in 2014, including paying custom duties and VAT.

As a result, the supercar estimated at R13.8 million, was parked in a bonded warehouse for three years.

Sars spokesperson Sandile Memela says the owner last month submitted a declaration to take the car to the DRC, but just a day later an attempt was made to have the car smuggled back into the country.

“The vehicle has been detained and a letter of intent was issued to the owner to enable them to make representation to Sars.”