Ferraris are built for speed, but not for floating.

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A Florida driver found out that a Ferrari's buoyancy was less than perfect Wednesday morning after he drove it off a dock into the Palm Beach Inlet, WPEC reported.

The incident occurred around 7 a.m., according to Palm Beach Fire-Rescue.

The car sank into about 30 feet of water, Fire-Rescue spokesman Sean Baker said. The man was plucked out of the water by a passing boat and returned to shore. He was not hurt, Baker said.

"He drove off the dock and went a pretty good distance," Baker told the Palm Beach Post.

The car was towed to shore. Palm Beach Police are investigating the incident, WPEC reported.