A car mechanic, Tunde Onakoya has published photos of a highly-priced Ferrari car running into about $2.5 million rotting away at a mechanic’s workshop at Agodi, Ibadan, Oyo State.
The coveted Ferrari F50 in its sorry state
This is an abandoned Ferrari F50, somewhere in Ibadan, rotting away. Successor to the F40 and only 349 units were built.
It was created to celebrate 50th Anniversary of Ferrari and unveiled in 1995. Simply described as the last F1 engined road car. It had a 4.7 Litre V12 mounted at 65°.
The worth of the luxury car with the current exchange rate runs into a whooping sum of N793,750,000.00. Its owned by one mysterious big man named Babatunde Iyiola aka Shef.
He was one of the big Ibadan boys back then and he had a friend called Nero.
Their whereabout are unknown but some they are rotting away in jail but only Nigerian police may have a clue about them
A social media commenter said he had seen the car in this state at the Agodi/ Total Garden area in 2013.
The problem of the Ferrari model remains unknown. The mechanic expressed hopes of reviving the car but said it would cost thousands of dollars to fix it.
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