Expensive Ferrari 250 GTO's V12 Engine Self-Destructs During Race

Former F1 driver Karun Chandhok spun a $50 million Ferrari 250 GTO during a race at the Goodwood Revival event after its V12 engine failed, causing the rear wheels to lock up. The car was engulfed in flames, but Chandhok managed to escape unharmed. The race featured a field of valuable vintage Ferraris, including 250 GT SWBs and 250 LMs, making it one of the most expensive races in vintage racing history.