A Ferrari owner has been involved in one of the UK’s most expensive single-vehicle road accidents, after losing control of his car and crashing into a lamppost.
The driver of this Ferrari F50 is thought to have lost control in dry conditions as he entered a dual carriageway section on the A43 near Brackley, resulting in a spin that sent the two-seater convertible into the steel post.
The car’s insurers now face a huge repair bill for the 1990s model, which suffered extensive rear end and engine bay damage. Values for F50 models have risen dramatically in recent years, and tidy examples are being sold in excess of £850,000.
The silver supercar is one of just 349 ever to leave Ferrari’s factory in Maranello, Italy. It was built to celebrate the marque’s 50th anniversary and is highly sought after, as it was essentially fitted with a detuned V12 engine from Ferrari’s Formula One cars, which developed 520bhp.
It is thought this crash is the most expensive in the UK since comedian Rowan Atkinson crashed his McLaren F1 back in 2011.
Witness Seamus O’Brien, who was one of the first at the crash scene, told ITV News: "I was driving on the A43 near Brackley and saw the Ferrari wrapped around the lamppost.
"There was a chap wearing a Ferrari T-shirt stood besides another chap and another car had put its hazard lights on to block the lane, which was 50 yards off the westbound roundabout."
A police spokesman said: "We were called at 11.11am on Wednesday morning to reports a silver Ferrari was involved in a collision with a lamppost.
"The lamppost and the car were damaged, but there were no injuries."