King-Juan-Carlos-carGOVERNMENT auction of ex-King Juan Carlos’s Ferraris got stuck in first gear after receiving just one bid.

The only offer posted was less than half the starting price of €350,000 for each FF model.

The monarch’s motors were a gift from the UAE before Juan Carlos donated them to the Spanish state in 2012..

The Finance Ministry hasn’t yet said what will happen to the cars.

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