On the morning of February 21, 2006, a red Ferrari Enzo split in two on Pacific Coast Highway in Malibu. The million-dollar supercar had been traveling an estimated 162 mph when it left the road, scattering debris across the asphalt and instantly etching itself into Los Angeles car culture lore. What followed was less a traffic accident and more a Hollywood script: a mystery driver, conflicting stories, shadowy business dealings, and the rise and fall of one of Europe’s most notorious tech executives.
At the crash scene, Bo Stefan Eriksson, a former executive at the now-defunct handheld gaming company Gizmondo, emerged relatively unscathed. Yet Eriksson quickly insisted he hadn’t been behind the wheel. Instead, he claimed the driver was a man named “Dietrich,” a German acquaintance who, he said, fled into the canyons after the crash. Investigators could find no trace of “Dietrich,” leading many to believe the name was fabricated on the spot.
Eriksson’s story unraveled further when authorities uncovered a trail of questionable financial dealings tied to the exotic car. The Enzo, along with several other high-value vehicles, was connected to banks in the United Kingdom and Los Angeles County, raising questions about ownership, importation, and unpaid debts. Media reports soon revealed Eriksson’s background in Europe, where he had a reputation for extravagant spending and a checkered past in business.
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The crash sparked rumors of a missing in-car camera tape, supposedly documenting the moments before the wreck. To this day, speculation swirls online about whether the footage exists and what it might reveal about the car’s final seconds.
What began as a wrecked Ferrari became a symbol of excess, deception, and downfall. For Eriksson, the PCH crash marked the start of his public collapse—a spectacular end to a story that still fascinates nearly 20 years later.
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