British bank chases loan from Ferrari crash driver

A British bank is asking Los Angeles Superior Court to enforce more than $1.3m (€987,600) in civil judgments against an imprisoned Swede who wrecked a rare Ferrari Enzo after speeding at more than 160 mph in Malibu.

Capital Bank of Chester, England, alleges that Bo Stefan Eriksson (aged 44) failed to pay back a loan for the Ferrari and another for a Mercedes-Benz McLaren SLR purchased by Eriksson’s former company, Gizmondo Europe Ltd.