'Arab money talks': Son of billionaire Saudi sheikh claims police confiscated his uninsured £200,000 Ferrari then handed back it back when they found out who he was The son of a billionaire Saudi sheikh has claimed that the Met Police handed back his confiscated, uninsured Ferrari when they found out who he was. Sheikh Rashid Bin Humaid Al Nuaimi's said police originally seized the £200,000 Ferrari FF supercar for being uninsured. The 28-year-old went on, however, to claim police handed the vehicle back as soon as they found out who he was, adding "Arab money talks." Scotland Yard said Sheikh Rashid only got his car back after he produced the correct documentation and paid a fine, storage fee and recovery costs. A spokeswoman said: "It is on this basis that any uninsured vehicle seized by police would be released. All of this happened in this case. The car was displayed outside New Scotland Yard to highlight a campaign against uninsured drivers ordered by Commissioner Bernard Hogan-Howe. According to London's Evening Standard newspaper, Sheikh Rashid, son of the Emir of Ajman, posted photos of the car on his Facebook page with a triumphant message and a smiley face. He boasted: "My Ferrari got seized in London, then they found out who I was and gave it back," and added: "Arab money talks:D." Sheikh Rashid is the youngest son of the Emir of Ajman Sheikh Humaid bin Rashid Al Nuaimi. His father is known locally as RRR, short for Rich in Real estate Resources. He owns a fleet of supercars in the orange and black company colours of R Holding, his property and leisure conglomerate. He has cars flown to London by private jet for him to drive here when he visits. The Ferrari was one of 300 cars seized in a 24-hour crackdown, part of Operation Cubo which has seen almost 37,000 uninsured vehicles confiscated since October last year. Sheikh Rashid could not be contacted.