A 51-year-old man has had his Ferrari impounded after he was allegedly caught travelling more than 50km/h over the speed limit in Mornington this afternoon.

The red 1987 coupe was clocked at 132km/h in an 80km/h zone on Bentons Road just before 2.30pm.

The vehicle was intercepted and it was established that it was unregistered.

The Mornington man’s car was impounded immediately and he has a towing cost of $950.

He is expected to be charged on summons with high range speeding and driving an unregistered vehicle.

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