Across-the-Board (acrosstheboardblog.com): Dude wrecks $1 million Ferrari, charged

Tuesday, April 18, 2006

Dude wrecks $1 million Ferrari, charged

A Swedish former video game executive who destroyed a $1 million Ferrari Enzo in a 160 mph crash was charged on Monday with stealing that Ferrari and another one plus a rare Mercedes worth a total of nearly $4 million.

The Los Angeles District Attorney's office charged Bo Stefan M. Eriksson with nine criminal counts including drunk driving, embezzlement, grand theft auto, and possession of a firearm. If convicted he faces 14 years in prison.

Eriksson, 44, was an executive for European video game company Gizmondo, which filed for bankruptcy earlier this year with more than $200 million in debt.

Authorities said Eriksson was drunk at the time of the February crash and that he had imported his sports car collection to the United States in violation of a lease agreement with British financial institutions.

The Ferrari Enzo wrecked in the crash was one in only 400 ever made and was going well over 160 mph when it smashed into a power pole on the Pacific Coast Highway in Malibu on February 21. The crash ripped the car apart but nobody was injured seriously. Eriksson was arrested in April and is currently in jail while immigration officials conduct a separate inquiry.

What a shame… such a beautiful car going to waste. Article here.

1 Comments:

At 4/18/2006 12:37 AM, Anonymous said...: The photo is not of the Enzo that was demolished, this is some other car that was probably rebuilt.
The one in question literally split in half and left a trail of debris about 100 yards long on Hwy 1 because the guy was going too fast and hit a slight bump and the car went airborne. Its hard to steer when none of your tires are touching the ground.

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