ferrari crash

Last month while reporting for our sister-site Autoblog on the Ferrari Challenge race from the Mont-Tremblant circuit in Quebec, I got the chance to see a pair of multi-million-dollar Ferrari 250 GTOs racing flat-out against each other and a handful of other classic Ferraris, and I couldn't help but think to myself, My goodness, what if one of them crashed? Well that's pretty much exactly what happened during the Monterey Historic race which ran during the Pebble Beach this past weekend at the famous Laguna Seca race track. Only instead of a GTO, it was the even more valuable Testa Rossa.

Laguna Seca is known the world over for its most infamous corner, known as the Corkscrew. The left-hand turn is followed by an immediate near-vertical drop and then by another quick right-hand turn, and has been known to swallow up and spit out drivers who try to take it too fast. That's what happened to the owner of this 1958 Ferrari 250 TR, similar to the one which recently set the all-time auction record at $12.2 Million, only this one is reportedly worth $8 million. And our man Drew Philips at Autoblog was there to catch it all in frame. Follow the link to view the photos, but only if you can stand to witness the carnage.

Photo copyright ©2009 Drew Phillips / Weblogs, Inc.

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.