Police have found an allegedly stolen red 1986 Ferrari Mondial and a number of guns after storming a home north-west of Adelaide.
Officers investigating illicit drug trafficking made the find when they searched a home at Grange yesterday.
A 51-year-old man was arrested at the scene and charged with five counts of possession of a firearm.
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Police recovered the Ferrari, which they alleged had been stolen from a northern suburbs warehouse earlier this month.
They also seized a number of guns including a gel blaster handgun, a homemade gun and three other firearms allegedly stolen from a break-in in the Adelaide Hills last month.
The man was refused bail to face court today.
Meanwhile, police are still investigating the alleged theft of the Ferrari.
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