Take Your Fast Car and Keep on Drivin'

So, it’s been well-known for some time that a lot of the cash that Gizmondo has been taking in from venture capitalists has been funneled straight to top-level execs in the form of exorbitant salaries and perks — like extravagant cars. As the company and product itself continues to spiral into oblivion, it is particularly […]

So, it's been well-known for some time that a lot of the cash that Gizmondo has been taking in from venture capitalists has been funneled straight to top-level execs in the form of exorbitant salaries and perks -- like extravagant cars.

As the company and product itself continues to spiral into oblivion, it is particularly poignant that a former Gizmondo exec just crashed an extravagant car in Los Angeles. Gamasutra reported this morning that Stefan Eriksson destroyed his $1 million Ferrari Enzo. But it gets better. Pick for yourself what the most awesome part of this story is:

  • The crash was allegedly the result of a 120 mph street race vs. a Mercedes-Benz SLR
  • Eriksson had a blood alcohol level of .09
  • He told the police that he was not the driver, and that the driver was a German man named Dietrich
  • The police cannot find nor confirm the existence of any such person
  • About that fact, the officer in charge said this: "if he's a passenger, that's OK. But he had a bloody lip, and only the air bag on the driver's side had blood on it. The passenger-side air bag did not. My Scooby-Doo detectives are looking closely into that."