neighbors were sleeping and you can still see the tire marks where it appears the car went into the lagon and -- lagoon and you can see where it was pulled out. neighbors say this has all happened before. the black volkswagen jetta as discovered floating in a belmont shores waterway this morning. the driver was gone. they are still investigating but a witness said the driver lost control during a street race with another car. >> on this particular corner, there are people that fail to completely stop. they run right through it. >> reporter: those who live and work in the area say in the last two years alone at least three cars have ended up in the water. although street racing here is rare. >> i've been here about six years, i would say about every two years there is an accident there where a car either gets stopped or goes in. >> reporter: belmont police say illegal street racing is an on going problem with a couple of reports every month. >> it is something we have a zero tolerance for. if we catch you street racing you are more likely to get to jail than just get a citation. >> reporte