Update: Richard Losee Destroys his Ferrari Enzo for Charity Click Here

Quote of the day:

"For a million dollars, you get a very good passenger-safety system, and apparently in this case it did work," Sgt. Phillip Brooks of the Los Angeles County Sheriff Department.

On Tuesday, someone crashed a $1 million Ferrari Enzo into a utility pole, at a
speed of over 110 mph, cutting it in half on the Pacific Coast Highway in
Malibu, California. View Images:

"It took out the pole, and part of the car went another 600 feet," Sheriff'sSgt. Philip Brooks said. "There were 1,200 feet of debris out there."

The driver jumped out of the wreckage and ran into the canyon above, evading a three-hour search by a Los Angeles County Sheriff's Department helicopter and a mountain search-and-rescue team.

The Ferrari Enzo is the fastest production car ever made. It has a 6.0-liter V-12 that boasts almost 700 horsepower. The Enzo was so exclusive with only 399 produced; you had to have purchased several new Ferrari’s previously to be considered for the opportunity to purchase it. Richard Losee, a Utah county resident, owns an Enzo and I have seen him tooling around Sundance in it. Losee has even driven it to California to compete.

UPDATE: 03/03/06 The Plot Thickens in Ferrari Crash
LA COUNTY Sheriff's Sgt. Phil Brooks said Monday, the car was traveling 162 mph when it crashed, far faster than the 120 mph originally believed.

So what do you say after you just crashed your very rare exotic car? I know what I said when I put a scratch in my $20k car. If you like to look at others pain here is a good site… http://www.wreckedexotics.com/