The owner of the Ferarri is crypto entrepreneur, JP van der Spuy (36), who was photographed speaking to law enforcement at the scene of the accident, adjacent to the Sea Point Promenade.
The ‘little fender bender’ happened between two friends. JP was not driving his car. There’s no bad blood between drivers/owners, and JP confirmed that neither of the drivers were speeding.
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A video of a Ferrari 458 and an Audi R8 that collided in Sea Point on Saturday morning is currently trending on social media.
The expensive accident happened around 11am in Beach Road, leaving both the front side of the Ferrari and rear of the Audi badly damaged.
Was there saw it happen. pic.twitter.com/uYIMSZGafY
— 🇲🇼🇧🇷Khalil Hayter 🇲🇼🇿🇦 (@Khalil_Angwazi) October 22, 2022
The combined value of the high-performance vehicles is estimated at over R8 million.
Picture: @AdvoBarryRoux / Twitter