Date
22 January 2017
This HK$4.5 million Ferrari will remain a wreck after its owner decided not to fix it. The sports car collided with a lorry on Monday. Photos: Apple Daily
This HK$4.5 million Ferrari will remain a wreck after its owner decided not to fix it. The sports car collided with a lorry on Monday. Photos: Apple Daily

Just a toy: Man shrugs off wrecked HK$4.5 mln Ferrari

A Ferrari is a wreck after a collision with a lorry and it will remain a piece of a junk after its owner decided not to fix it, calling it “just a toy”.

The man, surnamed Ho, crashed the Ferrari 599 F1 into the lorry near the Sha Tin racecourse on Monday.

Both drivers and a lorry passenger were released from hospital with minor injuries.

The Ferrari will not be repaired and will be replaced with a newer model in the range of HK$5 million, Headline Daily reported Tuesday, quoting a friend of the owner.

After all, the HK$4.5 million (US$580,477) sports car is just a toy, he quoted Ho as saying.

For his next car, Ho is eyeing a Ferrari 458 which can hit 100 kilometers per hour in 3.4 seconds against the 599 F1′s 3.7 seconds, the friend said.

Ho said he lost control of the car after he swerved to avoid an animal, the report said, citing police investigators.

He crashed into the lorry and the impact crushed the hood of the Ferrari but the rest of the car appeared intact. The lorry’s front fender and bumper were damaged.

The car was registered to an international investment company.  

Dr. Ringo Lee, chairman of the Institute of the Motor Industry Hong Kong, said first-hand Ferrari buyers are required to take one to two weeks of training in the company headquarters in Italy.

Accidents tend to happen to those who skip the training, he said.

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