The 1962 Prancing Horse icon, purchased by US businessman Christopher Cox in 2005, was part of a 50th anniversary Ferrari 250 GTO celebratory tour when a collision occurred involving another car outside Saint-Etienne-des-Guerets near Blois in central France.
While details are slim, reports say the vehicle left the famous Reims-Gueux racetrack and collided with enough force to break the leg of Cox’s passenger, and wife, Ann.
Originally red, chassis number 3445GT was painted in the blue and yellow livery in 1963 to match the colours of its Swedish racing driver Ulf Norinder, who passed away in 1978.
It isn't the car's first crash either; in 1976 the GTO was damaged enough to lead to a full restoration prior to Cox taking ownership. The car has also previously appeared at the Pebble Beach Concours d'Elegance in Monterey, California.
The value of the classic Ferrari model has been proven again and again with recent examples including Chris Evans' 250 GTO, recently sold for more than $20.7 million, and the recent record-breaking 250 GTO built for Sir Stirling Moss (pictured above) selling for $36.3 million.