I cannot stop laughing as I'm writing this.

My boss got a shiny new Ferrari F50. I must say that's the nicest car I've ever seen -- when he took each of us for a ride around the block we were feeling like in a James Bond movie.

However -- and here comes the funny part -- he got turned down by insurance. Apparently he has a really poor driving history, with countless claims and speeding tickets in the last couple of years, and nobody wants to insure him. So now he's got a car that had cost him a fortune (mid-six-figure or so) and he's driving his old Mercedes.

Needless to say, he's become the new joke around the office. He's a huge Formula 1 fan, and since he can no longer stand any of us mentioning the word "Ferrari" in a sentence, we're using puns like "When did Jenson push the Button?" or "Dang, Schumi really isn't what he used to be before he retired!". He's fuming each and every time.

We told him that a Fakerarri might have done the trick too -- after all, he didn't need to spend all that money for a car that's never going to leave the garage.

There is still hope that he will get insurance though. He mentioned a high-cost service where the state imposes insurance carriers to cover you, regardless of your history. It costs an arm and a leg -- think in terms of ten times more than the usual rate -- but heh, once he's got such a "beast" then he could probably afford to pay another $30,000 a year for insurance.

Nevertheless, it's still funny as hell. He is so eager to drive it and he can't. He plays by the rules and doesn't want to drive without insurance, even though he did it a couple of times. I bet that getting caught uninsured with a car like that would get you in some real trouble.