While Justin Bieber is one of the richest in Hollywood, the singer can no longer purchase a Ferrari.

The Biebs has been listed on the Ferrari blacklist after he lost the car during a wild night out. It was retrieved by his assistant three weeks afterward.

The second offense what Bieber making unauthorized modifications to the vehicle and trying to sell the vehicle in a charity auction without approval from Ferrari.

Ferrari frowns upon the resale of its vehicles that have been owned for less than a year and for the cars to be modified without Ferrari’s consent. Other blacklisted celebs include Kim Kardashian, Tyga, 50 Cent, and Nicolas Cage.

Do you think this is a reason for Bieber to be blacklisted?