More info on that $1 million Ferrari Enzo crash that
happened on Pacific Coast Highway in Malibu. As has been widely reported, Stefan Eriksson, the former executive officer
of Gizmondo was the passenger (or more likely the driver) in the crashed car. More and more details are emerging as Spong.com
says they have talked to some investigating officers who said that the speed of the car may
be have been 162 MPH. It is expected that Eriksson will likely get away with a slap on the wrist paying a comparatively
small fine. There are also questions about whether Eriksson owned the car. According to paper work, the Bank of
Scotland had repossessed the vehicle and Eriksson may have shipped the car to the U.S. to avoid giving it up.