Two teenagers and a woman have been charged with a string of offences following a dramatic stolen car joyride across the Gold Coast.

The chaos unfolded just before 8pm on Thursday, when police spotted a Hyundai Elantra that had been reported stolen from a home in Upper Coomera earlier that night.

The vehicle was allegedly seen driving on the wrong side of the road, swerving through other cars, and driving in excess of 180km/h on the Pacific Motorway.

Polair was called in to track the vehicle to an underground carpark along Manchester Road in Carrara, where two people allegedly abandoned the Hyundai Elantra and got into a Toyota Corolla with two others.

That vehicle, which was not stolen, was then followed by police to Clear Island Waters where it was intercepted at the intersection of Santa Cruz Boulevard and Key Biscayne.

The four people inside the car were arrested at the scene, with the driver of the Corolla later released without charge.

The three others, including a 44-year-old Oxenford woman, 19-year-old Oxenford man and a 17-year-old Oxenford girl have all been charged with a raft of offences.

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The older woman, who was allegedly the passenger of the Toyota Corolla, is facing one count each of possessing dangerous drugs, possess property suspected of having been used in connection with the commission of a drug offence, fail to take reasonable care and precautions in respect of syringe or needle and breach of bail condition.

The 19-year-old man, who was allegedly initially traveling in the Hyundai Elantra, has been charged with one count each of unlawful use of a motor vehicle, dangerous operation of a motor vehicle and two counts of breach of bail conditions.

While the 17-year-old girl, who was allegedly initially traveling in the Hyundai Elantra, has been charged with one count each of unlawful use of a motor vehicle and possess property suspected of having been acquired for the purpose of committing a drug offence.

All three have been denied police bail to front court today.

Police say investigations into the initial theft of the Hyundai Elantra are ongoing.

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