The accident occurred when the Ferrari's driver lost control and hit two oncoming vehicles which resulted in the F430 winding up in a field where a fire started in the engine compartment.

This week is turning out to be a bad one for owners of supercars, as a second high priced exotic has burst into flames.

Unlike the McLaren F1 which caught on fire spontaneously in California, this Ferrari F430 went up in smoke after an accident outside of Sibiu, Romania. Although no one was seriously injured in this fierily Ferrari wreck, the car was a total loss.

The accident occurred when the Ferrari's driver lost control and hit two oncoming vehicles which resulted in the F430 winding up in a field where a fire started in the engine compartment. Fortunately none of the other people involved were hurt and the driver and passenger escaped from the Ferrari inferno unharmed as well.  However, the driver was ticketed 40 euros for the crash.

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