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AAP
AAP
National
Tara Cosoleto

Rare $400,000 Mustang recovered, man charged with theft

A man has been charged with stealing a rare $400,000 Ford Mustang in Melbourne's southeast. (HANDOUT/VICTORIA POLICE)

A man has been charged with stealing a rare $400,000 Ford Mustang from a business in Melbourne's southeast.

Two men were captured on CCTV entering Mustang Motorsport in Ferntree Gully on October 11, pinching the 2021 Ford Mustang Shelby GT500KR and driving off.

The $400,000 car is the only one of its kind in Australia and one of 24 across the globe.

After receiving a tip-off, detectives last week searched a home in Carrum Downs where the Mustang was recovered.

The car had been repainted in black and the spoiler was removed.

A 37-year-old Narre Warren man was arrested on Wednesday and charged with theft of motor vehicle, driving while disqualified and possessing a drug of dependence.

He was remanded to appear at Ringwood Magistrates Court on Thursday.

A 32-year-old Carrum Downs man was also interviewed and released without charge.

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