Walter Medlin, a Florida man who nearly lost his highly collectable 1967 Ferrari 330 P4 to a tax lein, satisfied the Internal Revenue Service (yes, with money), thereby preventing the agency from auctioning the car, according to his attorney Mark Horwitz. The Minimum bid on the Ferrari, chassis Number 0858 (according to Sports Car Market), had been $2 million, while Medlin owed a total of $2,921,293 in taxes and interest. Click through for more pics. [Thanks to Rosie the Tipster.]
Related:
IRS Seizes Man s 1967 Ferrari 330 P4 for Back Taxes [internal]