Fed auctioning off Porsches, Ferraris from racer turned felon
The combined value for the four cars is more than $2M
If you have a need for speed, an upcoming federal government auction of seized automobiles might get your motor running.
The cars belonged to a former racer Scott Tucker, who also spent the better part of two decades defrauding and fleecing people through his payday loan businesses, according to The Drive.
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He was arrested 2016 and along with his associates were ordered to repay nearly $1.3 billion to victims of his schemes.
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A big part of that money will come from the auctioning off rare, expensive cars.
The are four cars are: A 2011 Ferrari 599 S Aperta, 2011 Ferrari 599XX, 2011 Porsche 911 GT2 RS, and a 2005 Porsche Carrera GT.
The combined value is more than $2 million.
GT2 RS could sell for $500,000 on its own.
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The auction is set to take place on Feb. 5 at The Circuit of the Americas track in Austin, Texas.