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MALIBU, Calif. (AP) - Authorities are investigating the circumstances behind a spectacular crash on Pacific Coast Highway that destroyed a rare Ferrari Enzo estimated to be worth more than $1 million.
The red Ferrari was going at least 100 mph when the driver lost control and struck a power pole, investigators said. The car — one of only 400 made — shattered, with its engine coming to rest on the highway and its wreckage scattered.
Sheriff's investigators identified the owner as Stefan Ericksson, 44, of Bel Air, who escaped the wreck with only a cut lip.
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