Gizmondo Exec Crashes Ferrari, Creates Crappy Handheld Gaming Device

Stefan Eriksson, Gizmondo executive with links to organized crime, crashed his 2003 Ferrari Enzo into a light pole while racing through Malibu, destroying the limited-edition car as thouroughly as he dashed the hopes of thousands of Gizmondo fanboys.

Eriksson survived the crash, but the Enzo, one of 399 made, didn't fare very well. Apparently Eriksson was a passenger in the vehicle and that the real driver, a German, fled the scene.

Swedish games mogul smashes million dollar Ferrari [TheLocal]