This video shows the moment a rare F40 Ferrari exploded on the streets of Monaco’s glamorous Monte Carlo district as its helpless owner stood and watched. The Italian sports car, worth an estimated £1 million, sent huge plumes of smoke towering into the air after the rear of the vehicle caught fire.
An Instagrammer captured the dramatic footage of the inferno, which destroyed the luxury vehicle within minutes. Images show dark black fumes cloaking the entire street as a bystander desperately tries to save the car by spraying it with a hose from his balcony.
A later picture shows the melted wreckage being towed away after firefighters managed to douse the flames. It is not clear if the car was being driven when it caught fire.The owner has not been named and there has been no reports of injuries. The Ferrari F40 is recognised as one of the finest driving cars ever made and can reach speeds of 228 mph.
