2 Broke 2 Greedy?

Matt Welch | June 9, 2003

Taking Hollywood promotional tie-ins to a whole new level, the Los Angeles City Council marked the opening of 2 Fast 2 Furious this Friday by passing an ordinance allowing cops to confiscate and then sell cars deemed to have been used for street racing. Under existing law, L.A. police can impound the cars of both racers and spectators, but owners can retrieve them after paying a $300 fine. If Mayor James Hahn signs the ordinance into law, the cars will instead be auctioned, with the proceeds being dumped into the city�s general fund. Which, coincidentally, is expected to reach a deficit of nearly $280 million this year.