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Police said to investigate race by exotic cars in Beverly Hills

Police in Beverly Hills are investigating a street race between a yellow Ferrari and a white Porsche, but there's a twist, NBC Southern California reported Monday.

The man claiming to own the exotic vehicles said he is protected by diplomatic immunity.

The race took place Saturday evening through a residential tract in Beverly Hills and, at one point, both cars were seen running through a stop sign.

The race was also captured on video and has since been posted on YouTube and ends with the Ferrari, which is valued at $5 million by the Kelley Blue Book, pulling into the driveway while smoke blew out of its engine.

Police officials told the station that a man later approached them and claimed ownership for both cars and denied any speeding or reckless driving. They also said they did not see the violations and "could not take any law enforcement action such as a citation or arrest."

Click here for the full report.