An Australian man has crashed a silver McLaren F1 in New Zealand while taking part in a road trip organized by the British firm paying tribute to its Kiwi founder, Bruce McLaren.

The 65-year-old driver reportedly lost control of the multi-million dollar exotic just after a tight left-hand bend while travelling on the Queenstown-Glenorchy Road.

Soon after the crash, a cover was placed over the F1 to hide its identity and according to the NZ Herald, a news reporter on the scenes was offered cash to go away.

Given the presence of the cover, it is impossible to determine how much damage has been sustained to the near-priceless automobile. However, it appears to have careened in to a ditch, inevitably damaging much of the front end.

After the crash, police confirmed that the man had been summonsed to appear before court over careless driving.

Interestingly, this isn’t the first time this McLaren F1 has been crashed. It normally resides in Melbourne, Australia and is the country’s only F1, one of just 64 road-going examples ever produced. It was totaled in 1997 when being driven by a mechanic and was later shipped back to the UK to be rebuilt.

PHOTO GALLERY