However, the Cobra car is now in the possession of a collector who rents out vehicles for movies, reports Contactmusic. According to legal papers, filed in Los Angeles, Stallone has claimed that he asked the car's current owner to hand over the keys - but he has refused.
In the suit, obtained by TMZ.com, the actor-cum-director has claimed that he came across his stolen car while looking at vehicles up for auction on the Internet. He has insisted that the one-off vehicle is worth more than 250,000 dollars.
Apart from getting the car in return, Stallone is demanding 3 million dollars because the car company's website allegedly used his name and image to promote the auction without proper permission.