A douchebag wrecked a Ferrari worth $250,000, but escaped serious injury, when he crashed into a power pole at Walkerville, in Adelaide, today. The driver and his passenger have been taken to Royal Adelaide Hospital for treatment after the accident just before noon, AdelaideNow reports.

Both men walked from the wreckage, leaving the expensive five-year-old 360 Modena model literally wrapped around the pole on Lansdowne Ave.