Islington police seized a McLaren MP4 valued at a £170,000 on Thursday, November 14 after it was involved in a collision with a cyclist.
The cyclist, a 41-year-old man, was taken to a north London hospital with minor injuries.
The vehicle was seized by police as the driver, a 63-year-old man, did not have the appropriate insurance.
The incident happened just before midday in Old Srtreet at the junction with Mallow Street.
There were no arrests.
If the driver decides he doesn’t want his car back, it may be auctioned off.
Earlier this year, a Lamborghini Aventador valued at £300,000 was confiscated in Newham, east London after police found the driver had insufficient insurance.
The driver failed to come forward after police confiscated the car and it was sold for £218,000. The money was put into frontline policing.
Our official grumpy Northerner, John has been riding bikes for over 30 years since discovering as an uncoordinated teen that a sport could be fun if it didn't require you to catch a ball or get in the way of a hulking prop forward.
Road touring was followed by mountain biking and a career racing in the mud that was as brief as it was unsuccessful.
Somewhere along the line came the discovery that he could string a few words together, followed by the even more remarkable discovery that people were mug enough to pay for this rather than expecting him to do an honest day's work. He's pretty certain he's worked for even more bike publications than Mat Brett.
The inevitable 30-something MAMIL transition saw him shift to skinny tyres and these days he lives in Cambridge where the lack of hills is more than made up for by the headwinds.