THIS is the terrifying moment a £320,000 Ferrari smashed into two cars on a busy city street in a spectacular crash.
Heart-stopping footage captured the moment the red supercar lost control in Melbourne before sliding under a Nissan Navara.
The force of the smash pushed the Nissan off the ground and on top of a Subaru Impreza in the next lane, crushing the driver's side of the vehicle.
All three drivers miraculously escaped the crash unharmed.
The shocking rear dashcam footage showed two lines traffic queuing before the Ferrari coming in the opposite direction collided with the black Nissan.
Pictures of the aftermath showed the extent of the damage, with the Ferrari's bonnet almost ripped off and debris from all three cars strewn across the four-lane road.
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The driver of the Nissan said he heard the supercar driving down the road before it suddenly smashed into him.
Jack Wignell told : "I was stationary just sitting in traffic and all of a sudden I hear a Ferrari hooning down the road and next thing, the car just gets lifted up and dropped on top of someone else.
“I jumped out and raced around to the other guy’s car and got him out.
“It’s lucky everyone is okay."
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Eric Moller, who had his one-year-old baby in the car, also witnessed the crash.
He told 9News: "I looked in the rear view mirror just as the impact happened.
"It's just good that everyone was able to walk away from that considering the amount of damage."
The Ferrari is estimated to be worth $600,000 (£320,000).
Cops are still investigating the cause of the huge pile-up.
Police want to speak to anyone who witnessed the vehicles involved before the collision or anyone who has dashcam footage.
It comes after a Ferrari worth £500,000 was destroyed after smashing into a van in Leeds.
The SF90 hypercar, known as the “quickest car of the decade”, careered over the central reservation and collided with the van, toppling it over in the process.
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The Ferrari SF90 can do 0-62mph in 2.5 seconds, 0-124mph in 6.7 and reach a top speed of 211mph.