Gizmondo's Spectacular Crack-up

Directors of the game device company went on living large long after their handheld flopped. Then a high-speed Ferrari crash blew their world to bits.



"THE BUMP IN THE ROAD that ended Bo Stefan Eriksson's fantastic ride is practically invisible. From 10 feet away, all you can see is the ragged edge of a tar-seamed crack in an otherwise smooth sheet of pavement. Only the location is impressive - a sweet stretch of straightaway on California's Pacific Coast Highway near El Pescador state beach, just past the eucalyptus-shaded mansions of the Malibu hills. On that patch of broken asphalt, there's barely enough lip to stub a toe. Of course, when you hit it at close to 200 miles per hour, as police say Eriksson did in the predawn light last February 21, while behind the wheel of a 660-horsepower Ferrari Enzo, consequences magnify."

I just recently read this story in my October issue of Wired magazine and it's an insanely real story of tech, mafia, millions of dollars, and a few men that had everyone fooled.

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Pictures of the accident (LA Times)