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John Rae, New Zealand bidnessman and proud owner of a CLS 55 AMG, decided to impress his wife and mother-in-law with a display of the car's obscene power. Unfortunately for Johnny Boy, the po-lice saw his little stunt and picked him up 45 minutes later. But it gets worse under NZ's anti-hoon legislation, the man's car was impounded. Rae claims he lost traction, but given Merc's penchant for e-nannies, it seems that the poor dolt must've turned off his traction control. Oops.

Businessman insists wheelie unintentional [The New Zealand Herald via eMercedesBenz]

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Hoon of the Day: Bling Bling Money, Hell Yeah! [Internal]