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Co-creator of the former embryo once known as the Federletus, Kevin Federline, has reportedly had his Ferrari repo'd by his wife, jiggle-tastic former teen sensation Britney Spears. Multiple-time babydaddy Federline has apparently been kicked to the curb by Spears, who's sick of his partying ways. In some ways, the Louisiana-born singer and the Fresno-born dancer are perfect for each other, if only so the rest of us can see what happens when white trash folk are handed too much money. It isn't always Jed, Ellie Mae and Jethro, kids despite what Hollywood would have you believe. Meanwhile, we bet that prancing horse will go for major bank at auction in ten years. Or not. [Thanks to the Tabasco-hottt Nixie for the tip.]

Britney Out to 'Punish' Kevin [Page Six]

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