Ontology are widely used currently because of the ability to find solution to the problem of interoperateability between different domain of discourse, various language of usage to develop and query the ontology and several technology supported by ontology and semantic language. Eventhough a lot of research has been done on ontology application to Vehicular Adhoc Network (VANET) in aspect of Intelligent Transportation System (ITS). In this paper, a carefully review of already existing VANET systems that have employed the use of Semantic Web is carried out. And subsequently highlights some prospects in further exploitation of recent developments in the Semantic Web for the provisioning of novel research work.