Beckham Snubs Free $475,000 Ferrari

Millionaire soccer star David Beckham turned down the offer of a free FERRARI - because he already has one.

Ferrari chairman LUCA DI MONTEZEMOLO offered Beckham and his Real Madrid team-mate RAUL the choice of any of the firm's supercars up to the value of $475,000 (GBP250,000), during a reception at the Italian embassy in the Spanish capital.

But the England captain - who boasts an impressive fleet of 15 vehicles, including two Ferraris, a HUMMER and two BENTLEYS - and Raul politely declined.

Beckham says, "I already have one back in England and haven't thought of changing it."