A $30 million Ferrari 250 GTO — regarded as a Picasso in the motoring world — was crumpled in what is being dubbed the world’s most expensive car crash.
American investor Christopher Cox was driving his coveted sports car in a convoy of 20 other Ferraris on a five-day parade through France, part of a 50th anniversary tour for the rare model, when the accident occurred near Blois.
He was rear-ended by another vehicle, sending the classic slamming into another car, according to media reports. Cox’s wife, Ann, suffered a broken leg and two passengers in the other car required hospital treatment.
Experts say it may be possible to rebuild the car.
The total cost of the accident remains unknown, but the last previous crash pegged “the world’s most expensive” cost between $1 million and $4 million and involved eight Ferraris, three Mercedes and a Lamborghini.