Scott Tucker – the founder, team principal, and one of the racing drivers of Level 5 Motorsports – has been ordered to forfeit some of his personal cars in relation to his convictions in federal court of racketeering, wire fraud, money laundering, and Truth-In-Lending Act offenses. His car collection includes several high-priced Ferrari and Porsche sportscars, although The Kansas City Star – the originator of the report – doesn’t go into detail regarding which particular models Tucker owned.
Level 5 Motorsports’ assets were seized in early-2016, going up for auction a year later, after federal prosecutors settled on a fine. The assets, according to Jalopnik, included a 2006 Ferrari F430 GT2, as well as a No. 555 Ferrari 458 GT3 that won the 2014 United SportsCar Championship in the GT Daytona class.
Tucker is now serving a 16-year, 8-month sentence, and has been ordered to pay fines totaling $3.5 billion. Some of his personal Porsche and Ferrari cars will head to auction to help cover that enormous expense, along with some high-priced pieces of jewelry, and two residential properties: one in Aspen, Colorado and another in Leawood, Kansas.