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MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Drunk Driver Crashes $4 Million Koenigsegg Supercar

  • <p>The driver, known only as Mr. Liu, was not injured.</p>
    1/5

    Koenigsegg Agera R crash front view

    The driver, known only as Mr. Liu, was not injured.

  • <p>The left rear wheel was ripped off entirely. </p>
    2/5

    dKoenigsegg Agera R crash rear view

    The left rear wheel was ripped off entirely.

  • <p>The crash drew a late-night crowd due to the rarity of the vehicle. The driver reportedly stayed in the car for two hours before police took him into custody.</p>
    3/5

    Koenigsegg Agera R crash scene photo

    The crash drew a late-night crowd due to the rarity of the vehicle. The driver reportedly stayed in the car for two hours before police took him into custody.

  • <p>The Koenigsegg was the latest in a series of high-profile supercar crashes around China, which has become a booming market for companies such as Ferrari and Lamborghini.</p>
    4/5

    Koenigsegg Agera R crash scene door open

    The Koenigsegg was the latest in a series of high-profile supercar crashes around China, which has become a booming market for companies such as Ferrari and Lamborghini.

  • <p>Luckily for whomever owns the car, the damage did not extend to the engine.</p>
    5/5

    Koenigsegg Agera R crash scene front view

    Luckily for whomever owns the car, the damage did not extend to the engine.

<p>The driver, known only as Mr. Liu, was not injured.</p>
<p>The left rear wheel was ripped off entirely. </p>
<p>The crash drew a late-night crowd due to the rarity of the vehicle. The driver reportedly stayed in the car for two hours before police took him into custody.</p>
<p>The Koenigsegg was the latest in a series of high-profile supercar crashes around China, which has become a booming market for companies such as Ferrari and Lamborghini.</p>
<p>Luckily for whomever owns the car, the damage did not extend to the engine.</p>
Yahoo Autos Staff

In what may set a record for the most expensive car crash in Chinese history—and rank among the most costly drunk-driving crashes worldwide–a 26-year-old man was being held by Chinese police after wrecking a rare Koenigsegg Agera R, with a value north of $4 million.

According to the People’s Daily Online, the 1,140-hp Agera R ran into a sidewalk barrier just after midnight Sunday in the Yubei District of Chongqing. While the Agera R took the hit hard, it’s likely repairable given enough time and money, since it’s only one of six ever built, although any fixes will require shipping the wreckage back to Sweden.

Click through for more details on the crash.