Ferrari Linked to Maumela Set for Auction
Special Tribunal authorises sale of Ferrari SF90 Stradale as part of a Special Investigating Unit corruption probe into Tembisa Hospital.
Updated on Nov. 5, 2026 in Financial Crime
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The Special Tribunal has authorised the auction of a Ferrari SF90 Stradale linked to businessman Morgan Maumela, which begins on 6 November 2026. The Pretoria High Court dismissed an urgent application by Maumela and the MHR Maumela Family Trust to stop the sale.
Why it matters
The sale forms part of efforts to preserve assets tied to an ongoing corruption investigation at Tembisa Hospital in Gauteng. Proceeds will be held in an interest-bearing trust account until related civil proceedings are finalised, and the auction does not determine ownership or liability.
The Ferrari SF90 Stradale is one of several high-value assets preserved by authorities in September 2025, and its sale is overseen by a curator appointed by the Special Investigating Unit. The auction does not determine ownership or liability, and the case remains tied to pending civil proceedings.
The players
Special Investigating Unit (SIU)
The South African state investigative body that oversees the curator managing the sale and is investigating alleged corruption and maladministration at Tembisa Hospital.
Morgan Maumela
A South African businessman whose Ferrari SF90 Stradale is being auctioned in connection with the Tembisa Hospital corruption investigation.
The details
The Special Tribunal authorised the sale, and bidders will take part through the bidders choice platform. The Pretoria High Court dismissed an urgent application by Morgan Maumela and the trustees of the MHR Maumela Family Trust seeking to prevent the sale.
Timeline
September 2025: Authorities preserved the Ferrari among high-value assets.
6 November 2026: Auction of the Ferrari SF90 Stradale begins.
Legal Context
The sale is one of several asset-preservation steps within the Special Investigating Unit's probe into roughly R2 billion allegedly looted from Tembisa Hospital through irregular procurement. It shows how South African authorities are seeking to secure assets before civil proceedings conclude.
The sale shows how recovered proceeds from corruption cases may be held in trust rather than released immediately. Readers following public spending at Tembisa Hospital can track whether the funds are eventually recovered through the civil process.
The takeaway
Asset sales in corruption cases do not settle guilt or ownership on their own, so the outcome of the civil proceedings will determine what happens to the proceeds. Following those proceedings is the clearest way to see the final result.
What happens next
The Ferrari SF90 Stradale auction begins on 6 November 2026, with proceeds to be held in trust until related civil proceedings are finalised.
Further reading
For more on related cases, see Financial Crime coverage across South Africa.
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