Feds wreck $750,000 Ferrari

FBI agent and a federal prosecutor went for a joyride and wrecked it. The insurance company sued for damages and got nowhere. [Link]

A federal judge in Detroit has dismissed a lawsuit against the U.S. government over the wreck of a $750,000 Ferrari driven by an FBI agent.

Judge Avern Cohn said in his recent decision that the crash of the 1995 F50 sports car was "certainly unfortunate," but cited a law making the government immune to lawsuits when property is in custody of law enforcement.

Michigan-based Motors Insurance believes an agent and a federal prosecutor were out for a joyride in Lexington, Ky., in 2009 when the agent lost control of the Ferrari. The government has refused to pay for the car, which had been stolen and was being kept as part of an investigation.

The insurance company's attorney did not immediately return a message seeking comment Monday.

It may be legal, but it ain't right.