A $1.5m modified was Ferrari plunged into the ocean after its driver lost control of the sports car during a high-speed race in Canada.
Calgary car dealer Zahir Rana was driving the exclusive Ferrari Enzo in the Targa Newfoundland Rally when he hit a hard bump on the gravel after exiting a corner.
He lost control of the car and spun 180 degrees before sending the vehicle off a ledge backwards into the saltwater lake below.
Rana and his co-driver and navigator Roland Linder escaped from the submerged race car without injury and remained optimistic.
In a post-crash video interview with ZR Auto Sales, Mr Rana said despite the hefty repair bill he was glad to be safe.
"But then as I realised, I thank God that I am well, and find that it's only a car, and it's not a big deal."
Roland Linder said accidents are an unavoidable part of racing.
"I think this is part of racing … even the best drivers in the world is going to have a little boo-boo here and there. This is just a boo-boo," Mr Linder said.
The car, which is capable of reaching speeds of 350km/h, only suffered "slight damage" to the wing and front bumper.
The Enzo is considered one of the most powerful street-legal cars available, with Ferrari rolling out just 400 of the vehicles. Its owners include Ralph Lauren and Eric Clapton.