30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

[davidstvz]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

After the accident it sounds like the driver is saying "lucky".

Yes indeed. One cars length away from certain death!

[flintlock]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

It's been my anecdotal experience after having seen many hundreds of owners of brand new very high performance vehicles that brand specific training should almost be compulsory for particular models. Some brands have begun to implement race course located "race training" to encourage uptake in what really is basic training to better ensure safe operation within legal parameters. Money is not a substitute for ability. Both BMW and Porsche seem to be at the tip of the spear here with strong factory focus and push.

While ABS, ceramic brakes, traction control, enhanced tire tech, ABS/safety tech(much of it derived from the racing industry) HAS enhanced the safety and capability of very high performance vehicles....it simply doesn't stop stupidity.

I recall Volvo back in the day(90's I believe) being a bit of an outlier accident wise.....it seemed customer/owner perceptions were that Volvos were so safe(based on marketing focus on safety tech) that they were a bit more invulnerable....and could have contributed to riskier driving behavior and becoming an accident outlier.

The car that caused the accident was a Ferrari 599 GTO I believe and was the road car equivalent of an F22 fighter plane, likely driven by someone who had the equivalent driving experience of a Cessna C172 pilot....IF THAT based on Singaporean low speed urban driving environment/conditions.

Tragedy, but only a single incident.

I'd be more interested in learning about the flow of Chinese little emperors/empresses(and their money) in/out of places like Singapore/Australia/NZ/Canada.

I wonder if we'll see another rise in "bolt hole" purchases and temporary outward capital flow like the build up to the handover of Hong Kong in the late 90's as seen in places like Vancouver/OZ/NZ?

Yes, the laws of physics still apply. Went for a ride in my neighbors Ferrari 360 once and I could swear
He broke a few of them. No thank you sir. He did mention the dealer told him, "never ever switch off the stability contro

[lakedaemonian]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Yes, the laws of physics still apply. Went for a ride in my neighbors Ferrari 360 once and I could swear
He broke a few of them. No thank you sir. He did mention the dealer told him, "never ever switch off the stability contro

I've had the good fortune to drive both high performance cars and motorbikes on a couple race courses, but mostly our local one.

I would NEVER, ever, NEVER turn off the tools that help keep me on the road.

Although I AM quite guilty of trying to modulate ABS when activated.....I have often ridden bikes in the rain and tend to ride a bit aggressively....when I feel the ABS activate....I can't seem to help myself in trying to modulate the brakes just to the point of losing adhesion before activation....bad habit.

The amount of power a very affordable street bike has today would be roughly that of a GP/Superbike of just a few seasons back.

With the very top end of supercars......the amount of power available is simply incredible. Current competitive racing levels of power in the hands of the naive and ill prepared/trained.

[lakedaemonian]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Recent article on vehicle ownership cost in Singers:

http://www.businessweek.com/news/2012-06-04/singapore-family-sedan-matches-cost-of-a-u-dot-s-dot-home?r=bloomberg

[lakedaemonian]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

This whole focus on the expense of cars in Singapore is silly.

Singapore is very much like an Asian Manhattan: a dense, FIRE driven city.

You don't need a car in Manhattan, nor do you need a car in Singapore.

That Singapore chooses to extract more money for the luxury of car ownership is merely a societal more, and that is all. Manhattan instead extracts the cost via parking spot expenses: http://www.nytimes.com/2007/07/12/us/12parking.html

Poor choice of words.....

Not everyone here knows how or why vehicle ownership works in Singers.

Maybe they'd be interested in learning how it works. Maybe it will help increase their understanding of options government use to manage/control vehicle numbers. Maybe readers will consider it as a worthwhile/worthless indicator regarding FIRE in Asia.

If you don't wish to engage in discussion about it, then maybe you should stay out of the discussion.

[touchring]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Poor choice of words.....

Not everyone here knows how or why vehicle ownership works in Singers.

Maybe they'd be interested in learning how it works. Maybe it will help increase their understanding of options government use to manage/control vehicle numbers. Maybe readers will consider it as a worthwhile/worthless indicator regarding FIRE in Asia.

If you don't wish to engage in discussion about it, then maybe you should stay out of the discussion.

Thanks for replying on that, there are many other costs to owning a car.

C1ue is right on the cost of parking which is relatively cheaper in Singapore, but older cities always have higher parking costs. 90% of the buildings in Singapore are less than 30 years old because there is profit to be made by tearing down older buildings and rebuilding them.

But I'll disagree that Singapore is Manhattan. You may compare Singapore to New York, but not Manhattan which is a financial district.

In Hong kong, cars are much cheaper but parking is also much more expensive. But Hong Kong has a better public transportation system due to higher urban density.

The other factor is the humid equatorial weather. On bad days, try walking 300 yards under the sun wearing an office attire. Many office buildings come with bathrooms so you can bathe before you meet your client or go to a meeting.

And if you are elderly or pregnant, the transport public in Singapore is not for you.



http://singaporeseen.stomp.com.sg/st...an_a_seat.html

[c1ue]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Poor choice of words.....

Not everyone here knows how or why vehicle ownership works in Singers.

Maybe they'd be interested in learning how it works. Maybe it will help increase their understanding of options government use to manage/control vehicle numbers. Maybe readers will consider it as a worthwhile/worthless indicator regarding FIRE in Asia.

If you don't wish to engage in discussion about it, then maybe you should stay out of the discussion.

I think anyone who is even the slightest bit cognizant of geography understands that Singapore is a city-state.

And while cars are convenient, that isn't the point.

The point is that cars are not necessary in Singapore just as cars are not necessary in any major city with a decent public transportation system.

Control of vehicle numbers doesn't exist anywhere else in the world except perhaps inner city London.

Forcing the costs of vehicles ever higher sounds nice, but ultimately the real purpose is to keep the roads convenient and available for the wealthy.

Nothing wrong with that so long as there are alternatives, but let's not lose sight of that reality.

[lakedaemonian]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Thanks for replying on that, there are many other costs to owning a car.

C1ue is right on the cost of parking which is relatively cheaper in Singapore, but older cities always have higher parking costs. 90% of the buildings in Singapore are less than 30 years old because there is profit to be made by tearing down older buildings and rebuilding them.

But I'll disagree that Singapore is Manhattan. You may compare Singapore to New York, but not Manhattan which is a financial district.

In Hong kong, cars are much cheaper but parking is also much more expensive. But Hong Kong has a better public transportation system due to higher urban density.

The other factor is the humid equatorial weather. On bad days, try walking 300 yards under the sun wearing an office attire. Many office buildings come with bathrooms so you can bathe before you meet your client or go to a meeting.

And if you are elderly or pregnant, the transport public in Singapore is not for you.



http://singaporeseen.stomp.com.sg/st...an_a_seat.html

While I've been to Singers a bunch of times, one thing I am unfamiliar with in Singapore is parking......I've been on a motorbike or used a taxi/car service.

I recall something a LONG time ago about the proof of purchase/lease of car parking being a requirement in Singapore and it being quite expensive, but I don't recall with clarity.

I do recall my parents living in Singers and my Mom being interviewed(just impromptu on the street stuff) about an American kid that vandalized a car by spray painting it in Singapore...a red Honda Civic I believe.

It was a fairly big infotainment "news" story in the 90's in the US......some political pressure was put on Singapore to release the kid and send him back to the US. I think the relative cost of vehicle ownership was(including the parking space RE cost) was a big part of the story then as well to help explain the punishment in a way.

They beat him with a rattan cane....basically a piece of furniture.....Singapore didn't buckle.

My Mom told the news interviewer when asked...."Your country, your rules."

[lakedaemonian]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

I think anyone who is even the slightest bit cognizant of geography understands that Singapore is a city-state.

And while cars are convenient, that isn't the point.

The point is that cars are not necessary in Singapore just as cars are not necessary in any major city with a decent public transportation system.

Control of vehicle numbers doesn't exist anywhere else in the world except perhaps inner city London.

Forcing the costs of vehicles ever higher sounds nice, but ultimately the real purpose is to keep the roads convenient and available for the wealthy.

Nothing wrong with that so long as there are alternatives, but let's not lose sight of that reality.

I don't disagree..although I know a fair few Singaporeans who aren't wealthy(but definitely affluent) who have cars there...mostly contract expats....no permanent locals.

I do look at their system as a possible indication/direction of future western dense urban transportation.......as well as a possible indicator on the direction of China.

As stated by several here....we are likely to see more of a China crash capital and bolt hole exodus to places like Canada, Australia, NZ...but Singapore could also be a window into China in some respects too.

Maybe not the clearest and sharpest window.....but the possibility is there......."ground sign" indicators are always worth looking out for.

[touchring]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

While I've been to Singers a bunch of times, one thing I am unfamiliar with in Singapore is parking......I've been on a motorbike or used a taxi/car service.

I recall something a LONG time ago about the proof of purchase/lease of car parking being a requirement in Singapore and it being quite expensive, but I don't recall with clarity.

As compared to many cities, parking in Singapore is still a little cheaper due to the abundance of parking spaces. Since you've come to Singapore, you would know that the Singapore government owns almost 80% of all apartments in Singapore. Residents here can purchase these apartments on 60-99 years lease. The government also own 80% of parking spaces, which long term tenants can lease for a nominal fee.

How it happened was because after Singapore's independence from British colonial rule, the government took over huge tracts of farm and plantation lands (compulsory by law) which were then converted into housing estates on which carparks were built.

I do recall my parents living in Singers and my Mom being interviewed(just impromptu on the street stuff) about an American kid that vandalized a car by spray painting it in Singapore...a red Honda Civic I believe.

I believe you're referring to the Michael Fay incident? http://en.wikipedia.org/wiki/Michael_P._Fay

In every country vandalism is a crime punishable by jail or severe fine it just so happens that in Singapore and was used since the colonial days.

I believe that caning is a good deterrent, better than imprisonment, but I doubt it serves any corrective purpose.

While there was talk of a book or movie deal (neither of which ever materialized), Fay maintained that he would never sell his story for profit. Later in 1994, Fay suffered burns to his hands and face after a butane incident.[24][25][26] He was subsequently admitted to the Hazelden rehabilitation program for butane abuse.[24] He claimed that sniffing butane "made him forget what happened in Singapore."[27] In 1996, he was cited in Florida for a number of violations, including careless driving, reckless driving, not reporting a crash and having an open bottle of alcohol in a car.[28] Later, in 1998, still in Florida, Fay was arrested for possession of marijuana and drug paraphernalia, charges to which he confessed but was not found guilty[29] because of technical errors in his arrest.[30]

They beat him with a rattan cane....basically a piece of furniture.....

It was said that hardcore criminals are not afraid of being imprisoned or being killed in a gang fight, but yet fear the cane. When we think about caning, the first thing that brings to mind are the scenes of parents spanking the backside of naughty children. I myself didn't think much about it until I saw this video of judicial caning in Malaysia, which also has similar caning punishment - see link below.

WARNING: I must caution that there is backside nudity and the actual caning is caught on film, it can be very traumatic even for the viewer to watch - http://www.liveleak.com/view?i=5ab_1172940415


I must say that I'm not against flogging, but I think it should be reserved for violent crimes such as murder, armed robbery and perhaps terrorism. Many kids suffer from borderline personality disorder and family problems may cause them to commit acts of vandalism and flogging them won't help.

[lakedaemonian]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

As compared to many cities, parking in Singapore is still a little cheaper due to the abundance of parking spaces. Since you've come to Singapore, you would know that the Singapore government owns almost 80% of all apartments in Singapore. Residents here can purchase these apartments on 60-99 years lease. The government also own 80% of parking spaces, which long term tenants can lease for a nominal fee.

How it happened was because after Singapore's independence from British colonial rule, the government took over huge tracts of farm and plantation lands (compulsory by law) which were then converted into housing estates on which carparks were built.




I believe you're referring to the Michael Fay incident? http://en.wikipedia.org/wiki/Michael_P._Fay

In every country vandalism is a crime punishable by jail or severe fine it just so happens that in Singapore and was used since the colonial days.

I believe that caning is a good deterrent, better than imprisonment, but I doubt it serves any corrective purpose.







It was said that hardcore criminals are not afraid of being imprisoned or being killed in a gang fight, but yet fear the cane. When we think about caning, the first thing that brings to mind are the scenes of parents spanking the backside of naughty children. I myself didn't think much about it until I saw this video of judicial caning in Malaysia, which also has similar caning punishment - see link below.

WARNING: I must caution that there is backside nudity and the actual caning is caught on film, it can be very traumatic even for the viewer to watch - http://www.liveleak.com/view?i=5ab_1172940415


I must say that I'm not against flogging, but I think it should be reserved for violent crimes such as murder and armed robbery. Some kids suffer from borderline personality disorder and family problems may cause them to commit acts of vandalism and flogging them won't help.

That's the kid!

I didn't know so much of Singaporean real estate was long term lease.....didn't know that....I thought they were mostly freehold..or is the actual apartment/condo "freehold" and there is a ground lease?

I would agree that the rattan cane is a solid deterrent.

Crime/punishment....cause/effect loop is quite close.

I reckon the high living density must be a significant contributing factor towards high acceptance of strict public order.

No offense, but it reminds me of those experiments with rats in an enclosed space given unlimited food/water will reproduce exponentially and everyone gets along fine given unlimited resources.....constrict space...food..water and the fangs come out.

I reckon people aren't much different....add strict public order to some other good systems and you can sustain a healthy environment even at very high density.

No offense at using Singapore as a lab rat experiment model.

I interact with young Singaporean soldiers about every year...good, easy going kids....but they either laugh or cringe when they learn of the differences between Singers and NZ.....we're like a bunch of disorderly wild animals in comparison in some respects

[touchring]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

I reckon the high living density must be a significant contributing factor towards high acceptance of strict public order.

No offense, but it reminds me of those experiments with rats in an enclosed space given unlimited food/water will reproduce exponentially and everyone gets along fine given unlimited resources.....constrict space...food..water and the fangs come out.

I reckon people aren't much different....add strict public order to some other good systems and you can sustain a healthy environment even at very high density.

Actually, I look at it from a little different perspective. When you squeeze many people into a small place, you'll get instant order because the lack of resources and high cost of living will ensure that the people will be slogging all the time in order to survive. And because there's people everywhere, everyone will be watching the other person. You'll have no time and cannot afford to engage in disorderly behavior.

There's a term to describe this - "Rat Race". lol

[flintlock]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Corporal punishment is not meant just for the person receiving it but rather to send a message to others. Of course some wont respond but some will. Unfortunately when you are dealing with some types of people, its all they understand. Incarcerate a dog and the day he is released he has no idea he was being punished and goes right back out and bites the mailman. There are some out there to whom jail is not so bad. Depends where you are coming from I suppose. There is also a certain amount of shame, humiliation, and embarassment felt that you dont get with prison. Prison is seen as a rite of passage or even cool in some societies. Canning is not cool in any way.

As far as capital punishment, I found it interesting the McCoy-Hatfield feud in America ended almost immediately with the execution of one of the Hatfields. For them, its what finally got through their thick skulls. Something numerous murders and privately held "executions" failed to do. Funny they didnt fear being murdered by a neighbor as much as the threat of the power of the state, however remote from their community.

[touchring]

Re: 30 year old princeling from China crashed his $1.5 million Ferrari at 120mph - fatal accident caught on live video

Corporal punishment is not meant just for the person receiving it but rather to send a message to others. Of course some wont respond but some will. Unfortunately when you are dealing with some types of people, its all they understand. Incarcerate a dog and the day he is released he has no idea he was being punished and goes right back out and bites the mailman. There are some out there to whom jail is not so bad. Depends where you are coming from I suppose. There is also a certain amount of shame, humiliation, and embarassment felt that you dont get with prison. Prison is seen as a rite of passage or even cool in some societies. Canning is not cool in any way.

As far as capital punishment, I found it interesting the McCoy-Hatfield feud in America ended almost immediately with the execution of one of the Hatfields. For them, its what finally got through their thick skulls. Something numerous murders and privately held "executions" failed to do. Funny they didnt fear being murdered by a neighbor as much as the threat of the power of the state, however remote from their community.

The McCoy-Hatfield feud is interesting, I think what I believed happened is that there is no way anyone can fight the state, you can't kill the state. Only crazy terrorists will try to do that. That's why the dispute ended there.