Owner of this Ferrari rented out his car to a guy that was racing for the first time. The deal was $18,000 for 3 days worth of racing. Turned out to be a big mistake, because the driver wrecked it on turn 14 at Road America Track in Plymouth, WI. The estimated repair cost is $100,000. No word on whether the Ferrari was insured properly.
Generally not a good idea to rent your Ferrari to a first-time race car driver. What was he thinking?