Moment ‘millionaire Saudi businessman’s £300,000 Porsche’ is impounded after ignoring parking ticket
A £300,000 Porsche believed to belong to a millionaire Saudi businessman has been seized in London after he failed to comply with a parking ticket.
In images exclusively obtained by the Daily Mail, a black Porsche 911 GT3 RS can be seen parked inside a set of yellow lines on a luxury byway in Kensington High Street in west London.
A tow truck then pulls up next to the luxury supercar, which has a yellow parking ticket under the windshield wiper, and uses a red crane to lift the vehicle onto the bed as passersby watch.
Two men wearing high-visibility jackets help carry him to the truck before it is taken away for impoundment.
The luxury Porsche, which can cost up to £300,000, is believed to belong to Hassan Sharbatly, one of Saudi Arabia’s richest entrepreneurs.
The businessman serves as the CEO of the Al Nahla group, which has a billion-dollar stake in Riyadh Bank as of 2021.
The company specializes in real estate in Saudi Arabia but also has a presence in the automotive industry, which likely fuels Mr. Sharbatly’s love of cars.
The entrepreneur is known for his extensive collection of expensive vehicles, and many of his favorite cars have been spotted in London in recent years.
Millionaire Saudi businessman’s £300,000 Porsche seized in London for disobeying parking ticket
Two men in high-vis jackets help carry it to the truck before it is taken away for impounding
The luxury Porsche, which can cost up to £300,000, is believed to belong to Hassan Sharbatly, one of Saudi Arabia’s richest entrepreneurs, pictured
These include a Bugatti Chiron worth up to £3 million, a Lamborghini Sián worth up to £2.6 million, a Ferrari SF90XX worth over £700,000 and a Ferrari 812 Competitionizione worth up to £500,000.
The Porsche was parked right in front of the Roof Gardens, a celebrity hangout that had recently gone up in flames as flames engulfed the building in the middle of the night.
The owner didn’t seem to pay attention to the parking ticket stuck to his windshield when he saw the vehicle being towed.
The vehicle had previously appeared in supercar tribute posts on Instagram with a slightly different gray and black design.
It can reach speeds of up to 184mph and accelerate from 0-60mph in just 3.2 seconds.
Motorists paid a record £782 million in parking fines to councils last year; This was revealed in January; £160 million more than in the previous 12 months.
Figures reveal 1,500 drivers per hour are fined an average of £60 but can go up to £160 – more than 35,000 tickets a day.
This sharp increase comes after many municipalities increased fine levels and expanded parking control zones.
Many municipalities have withdrawn pay-and-display parking machines in favor of parking apps, claiming they save money by reducing the risk of theft and eliminating the need to upgrade the machines.
The bulk of the record haul was collected by councils in London and the country’s other major cities, where fines rose by £30 last year to £160.
The 16 largest councils in terms of parking ticket revenue were all in the capital, with Westminster in central London generating around £50 million in tickets.
