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Former Jeep boss's Ferrari lands

He bought a Ferrari: former Jeep boss Clyde Campbell imports supercar from New Zealand.

The man accused of lavish overspending during his time as a car company boss has imported an Italian supercar into Australia.

The former Jeep executive at the centre of a $30 million scandal into the alleged misuse of corporate funds, Clyde Campbell, has imported a Ferrari sports car into Australia.

As the deadline passed for his former employers Fiat Chrysler Australia — the distributors of Jeep and other vehicles including Alfa Romeo — to lodge a response to his defence filed late last month, the silver Ferrari was on its way to a shipping dock in Melbourne.

This exclusive photo taken before Mr Campbell's car left Auckland shows the rare Ferrari 599 strapped down ready for its four-day boat ride across the Tasman Sea.

The same type of Ferrari cost $650,000 when new in Australia in 2008, but Mr Campbell is believed to have bought the car more cheaply as a used car in New Zealand.

The lawyer for Mr Campbell declined to comment on the importation of the Ferrari.

However, News Corp Australia understands the Ferrari bought by Mr Campbell was originally imported into New Zealand by his former business partner Neville Crichton, who was the Ferrari distributor for Australia and New Zealand at the time.

Mr Campbell and Mr Crichton ended their business relationship after FCA Australia started legal proceedings against Mr Campbell in the Federal Court in Victoria in May this year.

The US car giant alleges Mr Campbell made "uncommercial" deals — including lavishing free loan cars to sport stars and celebrities such as Harry Kewell, Shane Warne, Liz Hurley and Jesinta Campbell — during his time as the head of the company from October 2010 to April 2013.

In the defence lodged in the Federal Court, Mr Campbell's lawyer says he had the permission of his superiors, including the Asia-Pacific boss John Kett and global boss Mike Manley, who either approved or were aware of the deals entered into by Mr Campbell.

Mr Kett declined to comment on the claims in Mr Campbell's defence and FCA Australia has not responded to requests for comment from Mr Manley, who is based overseas.

The 599 is capable of reaching more than 330km/h

Luxury car experts say the Ferrari 599, powered by a 600 horsepower V12, is today worth less than half its Australian sales price, at about $250,000 to $300,000.

According to the Ferrari website, the 599 is capable of reaching more than 330km/h and can blast from rest to the speed limit in just 3.7 seconds.

Joshua Dowling
National Motoring Editor
Joshua Dowling was formerly the National Motoring Editor of News Corp Australia. An automotive expert, Dowling has decades of experience as a motoring journalist, where he specialises in industry news.
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