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The presidential Ferrari

If you’ve ever gone to a Mexican city, chances are you stepped on a street called “Lopez Mateos.” By far one of the most commonly chosen names for a street in this country, it’s in honour to former president Adolfo Lopez Mateos. He was president of Mexico from 1958 to 1964. One notable thing Lopez Mateos did was creating the national electricity commission; the nation’s electricity utilities company.

Illustration for article titled The presidential Ferrari
Photo: I bet it wasn’t Reforma newspaper

Back to the present.
A few months ago, the former CEO of Pemex, Emiliano Lozoya was arrested in Spain and deported to Mexico. Once he arrived here he spent a couple of weeks in hospital supposedly recovering from some form of anemia.

The CEO of Pemex promised prosecutors dirt on higher rank officials than him in exchange for some immunity. Lozoya is starting to outline some bizarre, and intense webs of corruption between the former two presidents (Enrique Peña Nieto and Felipe Calderon), the congress, multiple international corporations, and the energy reform in 2013 that allowed for more private capital in the energy sector (which includes, of course, the sale of petroleum fields to foreign companies).

Lozoya’s allegations have been made public to appease the public’s hunger for information about the bribery scandals... But it has mostly been fodder for electoral reasons. Lozoya’s claims are shallow, and very general; so they have been dismissed by energy industry experts and investigative journalists. Nonetheless, Lozoya has given some nuggets to prosecutors. Like this heart wrenching story of Lopez Mateos’ Ferrari.

Apparently, Adolfo had a Ferrari 250 (GTE?), and it somehow ended in the hands of the former governor of Veracruz Javier Duarte; a man who made three billion dollars disappear from state coffers.


At some point during Peña Nieto’s presidency, Duarte held some sort of party and gave the Ferrari to Peña Nieto... as some sort of declaration of friendship. Lozoya.

As per Lozoya’s statement to federal prosecutors:

Later that day, during the Day of the Navy celebrations in Veracruz, the then governor, Javier Duarte, approached the presidential jet’s staircase and handed over a file to the president. I knew about the close relationship between the two, since Luis Videgaray had instructed me in the past to “facilitate” a few types of fuels to Duarte’s government, as president Peña Nieto had agreed to support the governor’s administration. When we got onboard the Presidential jet, Peña Nieto told us: “Look at what the governor gave me.” Inside the file there were pictures of a Ferrari with the text “This Ferrari belonged to President Lopez Mateos” and the keys were next to it

After receiving the gift, the president asked that a couple of wine bottles be uncorked. Those were Vega Sicillia wines.


Lozoya further argues that the Ferrari, along with other gifts, are stored in a secret house in Peña Nieto’s home state of Estado de Mexico. The items stored there grew so conspicuous and ridiculous that it was supposedly called “The President’s museum.” While Peña Nieto was in office, the Ferrari was reportedly kept in the Secret Service’s mechanics shop.

Rumor has it that Lopez Mateos actually drove around the Ferrari in secret during the night across Insurgentes avenue in Mexico City.


Lozoya, a man who spent an average of 10,000 dollars a day just on transportation while he was CEO of Pemex, said that Peña Nieto’s accumulation of shit in the President’s Museum was “Deplorable.

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