In the city of Campinas, Brazil in Sao Paulo State, A luxurious car Ferrari 296 GTB worth about 600.000 Euro, involved in an accident. The incident was noted in Avenida Heitor Penteado, where the driver, luxury car dealership, lost control of the vehicle and fell on the gate of a residence. Security cameras recorded the moment the vehicle got off the road at high speed and hit the house. The owner of the house said he woke up from the strong impact and as soon as he reached the spot he found the vehicle almost completely damaged. In spite of the seriousness of the accident, The driver was slightly injured and taken to the hospital. Local authorities have begun research and believe that excessive speed was the main factor of accident. Luxurious Ferrari was completely destroyed.