The cause of the crash remains under investigation, but police believe speed and road conditions may have been a factor. 

Officers clocked the vehicle travelling at about 161 kilometres per hour in a 90-kilometre-per-hour zone, police said.

The driver was a novice, police say, and there was evidence the super-car had been impounded before for the same offence.

The cars were on their way to a private track event at the Mission Raceway when they were impounded for excessive speeding.

The two vehicles were seen travelling at 150 km/h in a 80km/h zone at 12:20 a.m. Wednesday.

Police say a luxury sports car valued at more than $300,000 slammed into a hydro transformer in Burlington, Ont., on Thursday night.

The affluence driving Metro Vancouver real estate prices is well documented, and it appears those buyers are willing to pay big bucks for something suitable to park in their garages.

At least 26 people were injured after a Porsche 918 Spyder driven by British tycoon Paul Bailey slammed into a crowd of spectators at an auto show in Malta.