Eddie Griffin Ferrari Enzo Crash

[csx289]

My money is on the insuarance company paying.

I had a on-track "incident" with a Ferrari years ago. After much fighting, the insurance company paid the claim. "Racing" exclusions by nature must be very specific. My policy described the racing exclusion as "professional, sanctioned racing events" or something like that. The event I was at was on a race track, but it was a "driver's school". One car on the track at a time, no times were kept, no wheel-to-wheel racing. Anybody could drive, you did not need to be a "professional". The owner's club was not considered a sanctioning body. After review, the insurance company decided that even though it was a closed course nobody was racing and it was not timed, therefore, the "racing" exclusion was determined to be not enforcable.

In the Eddie Griffin crash, it appears as though they were just screwing around in a parking lot. Not a track. No helmets, no timing and scoring, just driving around in a circle in street cars with license plates registered for road use. Clearly nobody was racing as you can see in the video, I bet they weren't even going 50 mph. And nobody will argue after seeing the tape that Griffin is a "professional driver" ! With a high-profile client like the producer, I bet they pay it. Unless he had a stated or agreed value policy (doubtful), the original price of the Enzo is just shy of a million if I remember correctly. I bet once they depreciate it, etc., what they have to pay will be damn close to what they will get for it at a salvage pool auction. Net loss will be minimal IMHO, they will jack the producer's rates and make it up in short order

Now, if the producer is one of these guys who is "self insured", well, he still got over a million bucks in publicity from this deal and his movie will do just fine.

I wonder how the Undercover Brother felt today when he woke up. Maybe a little sore? Belair, I heard it was the ribs that really get it bad in a crash, is that true???

Colin