Driver crashed his uninsured sports car into a tree on Wednesday night . The Ferrari was reportedly purchased by the owner 1991 . A male passenger was also seriously injured in the crash . The only a week ago Ferrari 348 is worth between $ 90k and $ 110k . The passenger was conscious and was taken to Flinders Medical Centre .
Driver crashed his uninsured sports car into a tree on Wednesday night . The Ferrari was reportedly purchased by the owner only a week ago . A male passenger was also seriously injured in the crash . The 1991 Ferrari 348 is worth between $ 90k and $ 110k . The passenger was conscious and was taken to Flinders Medical Centre .