Ferrari Enzo destroyed in Malibu CA crash

[kostby]

Quote »The Plot Thickens in Ferrari CrashA gun's magazine found near the wreckage may be connected to the accident, and a Scottish bank says it might own the destroyed car.By Richard Winton and David Pierson, Times Staff Writers February 28, 2006The mystery deepened Monday in the case of the puzzling crash last week of a $1-million Ferrari Enzo on Pacific Coast Highway in Malibu.Sheriff's detectives said Monday that they believe a gun's magazine discovered near the wreckage is connected to the crash, and they plan to interview an unnamed person who they believe was in the car with Swedish game machine entrepreneur Stefan Eriksson.Link to full story from latimes.com (may require registration) --> http://www.latimes.com/news/lo...storyLinks to related stories from the latimes.com (may require registration) -->http://www.latimes.com/news/lo...storyh ... lo...story

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[Mavrik]

Boys and their toysbut a likely story that he was the passanger of his own car.

[kostby]

Why Mav, you mean YOU wouldn't let someone you only knew by his first name drive YOUR $1,000,000 Ferrari???Yeah, there are a LOT of holes in his story. AND his car.

[Mavrik]

like hell I would!-NOT! hahasorry but I don't even think I'd let family drive it

[Psychobroker]

Quote »But in fact, Brooks said Monday, the car was traveling 162 mph when it crashed, far faster than the 120 mph originally believed. The Ferrari, with just a few inches of undercarriage clearance, hit a bump at a crest in the road, sending the vehicle airborne and into the power pole, Brooks said.Holy crap! For those of you that have driven the PCH, you know that 162 MPH would be INSANE! He's lucky he didn't fly off the cliff! Quote »"It's straight as an arrow where the accident was," he said. "You really have to go out of your way to hit a telephone pole."Ok, nm...I know what PART of Malibu they're talking about, and no, it's not nearly as bad as I thought it could be. heh.

[Toasted7]

Hey, where's the rest of the car?

[Mrizzle05]

The rest of the car is what probably went into the ocean... HAHA!!!If i had a million dollar car no one would drive it but me and it would be on very striaght and long roads... with no bumps!!!Such a nice ride.... gone to waste!

[Mavrik]

as a gamer I never even heard of the what ever game product he was making.

[Emerica13]

Quote, originally posted by Mavrik »as a gamer I never even heard of the what ever game product he was making.I thought that same thing too! I consider myself a reasonably informed gamer, but I had never heard of what he was talking about...

[jeffgtx]

finally... my opportunity to get an enzo for a reasonable price!

[binary]

Quote, originally posted by jeffgtx »finally... my opportunity to get an enzo for a reasonable price!Check ebay in a few months after the insurance adjusters are done with it...Chances are there was no insurance - because if you can afford a $1m car - chances are you paid cash.Too bad we weren't looking at the other half wondering where the drivers compartment was... at least the salvage would be worth more.

[zionzr2]

i thought I have seen that photo before!

[kostby]

Quote, originally posted by binary »Chances are there was no insurance - because if you can afford a $1m car - chances are you paid cash.I don't think he paid cash. That's the thing about truly wealthy people, they don't use THEIR money if they can help it...From my original post "a Scottish bank says it might own the destroyed car."

[Psychobroker]

Quote, originally posted by binary »Check ebay in a few months after the insurance adjusters are done with it...Chances are there was no insurance - because if you can afford a $1m car - chances are you paid cash.Too bad we weren't looking at the other half wondering where the drivers compartment was... at least the salvage would be worth more.Just because someone can pay cash for a car doesn't mean it's uninsurable. A car worth $1mil is most DEFINITELY insured. If someone can afford a $1mil Enzo, then surely he can afford a $50,000 insurance policy.Quote »"a Scottish bank says it might own the destroyed car." Ahh, that's right. Then I can gaurantee that it IS insured...no way in hell a bank grants an auto loan without requiring insurance.

[ZubenElGenubi]

http://www.cnn.com/video/partn....afflThis is so Hollywood...

[kostby]

UPDATE!Quote »A former senior executive with handheld game maker Gizmondo has been arrested on suspicion of grand theft auto in connection with a mysterious car crash that destroyed a rare $1 million Ferrari.Stefan Eriksson, 44, was arrested at his Bel-Air, Calif., home Saturday night after detectives served a search warrant, the Sheriff's Department said in a statement. Eriksson, who was being held without bail, was also placed an immigration hold on him, authorities said. Link to full news story --> http://news.com.com/2061-10797...=news

[Mavrik]

Quote »Gizmondo Europe went bankrupt after the handheld failed miserably in retail. Its future in the U.S. remains uncertain. Well that would explain why I had never heard of the hand held game device lol

[rebbierae]

This made CNN's front page this morning!

[kostby]

ANOTHER UPDATE!It just keeps getting more bizarre.Quote »... prosecutors filed embezzlement, grand theft, drunken driving and weapons charges against ... Swedish businessman ... Bo Stefan M. Eriksson, 44, a former executive with the European video game company Gizmondo. ...They charged Eriksson with three counts each of embezzlement and grand theft for allegedly bringing two Enzos and a Mercedes McLaren SLR - altogether worth an estimated $3.8 million - into the United States even though he had only leased them from British financial institutions.The lease contract prohibited him from taking the vehicles out of Great Britain, said Deputy District Attorney Steven Sowders. ...(He) pleaded not guilty through his attorneys and was ordered held on $5.5 million bail. Link to full article --> http://www.forbes.com/home/fee....html

[kostby]

It isn't over yet!Quote »Second Swede arrested in Ferrari saga; Eriksson awaits trialWednesday, May 03, 2006By Hans Laetz / Special to the Malibu TimesFerrari fiasco opens door to federal and state investigators, as Stefan Eriksson admits he was behind the wheel of the $1.2 million Enzo Ferrari that crashed on PCH several months ago. The Swedish national could face up to 14 years in prison.The international case of intrigue and legal maneuvering that started with the spectacular Enzo Ferrari wipeout on Pacific Coast Highway two months ago has again escalated with the arrest of a second Swedish businessman on related charges, and prosecutors revealing their case against Stefan Eriksson in a Los Angeles courtroom on Monday....Eriksson's bond was lowered from $5.5 million to $3 million, and he would be confined to his house with an ankle bracelet if he is released. But federal officials have placed a hold on his release, until he answers possible illegal immigration or other federal charges.You mean he snuck across the border IN A FERRARI ENZO??? Link to full article --> http://www.malibutimes.com/art...2.txt

[kostby]

It's the bizarro thread that won't die! The Enzo Crash Saga Continues!Now, it seems analysis shows the car was going 194mph when it crashed, and someone has seen video shot from inside the car during the crash!Link to Malibu Times full story --> http://www.malibutimes.com/art...3.txtLink to page at WreckedExotics --> http://www.wreckedexotics.com/special/enzo/

[ColonelPanic]

Yes, even in a million pieces, this Enzo lives... It shall NEVER die! 194 MPH is just fricken crazy! Thankfully he didn't hit anybody at that speed or anything up to that speed, I don't even want to think about that... Give him the chair! The chair! What an idiot...