This headline could describe me every time I play Project Gotham Racing 3 on my Xbox 360.  I do have the Enzo Ferrari, a $1+ million car, in my PGR3 Garage.  I still can’t finish a race without smashing it into a wall at high speed. 

But, alas, this story is about Swedish video game entrepreneur Stefan Eriksson, who started now-bankrupt Gizmondo.  Eriksson was driving on the Pacific Coast Highway when he slammed into a pole at 162 mph.  Eriksson told police that his German friend Dietrich was driving, but police noted that only the driver’s side airbag had blood on it and Eriksson had a cut lip.  Dietrich had “run away.”

Eriksson had also let his payments on his Enzo Ferrari, a $600k Mercedes, and one other car lapse after moving them from Britain, and was arrested and held without bail for Grand Theft Auto.

Note to Eriksson:  Don’t make up fake friend you tried to remember from SNL Sprockets (”Lieben meine Affe-monkey!”), don’t leave bloody evidence contradicting your story, don’t forget to make your car payments, and don’t try things you saw on Grand Theft Auto 3!