A foreign student busted driving his new Lamborghini Huracan at 120km/h over the speed limit in Sydney has had his licence taken off him.

Hang Shu only had the keys to his bright yellow supercar for four days before he was caught driving at 208km/h in an 80km/h zone along Syd Einfeld Drive at Bondi Junction.

Police dashcam vision obtained exclusively by 9NEWS shows the $400,000 car flash past them on the busy suburban road before police start their pursuit.

Hang Shu was caught speeding at 208km/ in an 80km/h zone in Sydney's eastern suburbs. (9NEWS) (Nine)

When the vehicle is stopped, police speak to the 27-year-old driver who was given the Lamborghini as a wedding gift.

Shu’s father bought him the car while he studies in Australia. He was driving on a foreign licence when he was pulled over.

Police ordered Shu to attend Waverley Court, but he failed to appear twice.

A warrant was issued for his arrest and Shu spent the night behind bars.

The Lamborghini Huracan is worth about $400,000. (Supplied) (Supplied)

Speaking about the case today, the magistrate said Shu was old enough to know better and came from an educated and very privileged family.

“Rather than being given a silver spoon… he had been given a yellow Lamborghini,” the magistrate said.

Shu was fined $3000 and had his licence suspended for three years.