MANILA, Feb. 9 -- The owner of a smuggled red Bugatti Chiron sports car surrendered the vehicle to Customs authorities on Friday.

In a statement, Bureau of Customs (BOC) Deputy Commissioner for Intelligence Group Juvymax Uy said the luxury car was surrendered to the joint team from the Customs Intelligence and Investigation Service (CIIS) at a house in Ayala Alabang Village in Muntinlupa City, where the vehicle was hidden.

"Our intelligence is that the red Bugatti had been stored in a house in Alabang. Since we shared the information about the two cars publicly, it got harder for the owners to drive these anywhere," Uy said.

The vehicle is one of the two Bugatti Chiron sports cars that are the subject of a search launched by the agency...