The Ford GT was reportedly crashed into a palm tree. Photo / Facebook/John Peddie
The Ford GT was reportedly crashed into a palm tree. Photo / Facebook/John Peddie
A man in Florida has wrecked a classic supercar he recently paid about $1 million for at auction.
According to US publication Road and Track, the 50-year-old driver from Florida had recently purchased the 2006 Ford GT in April at auction for $US704,000 ($998,000).
The accident is believed to havehappened at low speeds and according to the report it was due to the driver's unfamiliarity with the manual transmission.
A police report said the driver lost control while downshifting when leaving his housing development in Boca Raton. This led to a head-on crash into a palm tree.
Images have surfaced on social media of the smashed supercar with a mangled front end.
It's not all bad news for the new owner, the GT is mid-engined, meaning there is a good chance the vehicle is repairable.
Ford built about 4000 of the GTs between 2004 and 2006 as a homage to the legendary Ford GT40 race car that won a slew of Le Mans 24 Hour endurance races in the 1960s.