Does ‘Shark Tank’ Star Robert Herjavec Have a Problem With Crashing Ferraris?

Thanks to their exclusivity, hypercars often make headlines when they crash. And because of the high sticker price, only the wealthy can afford such high-performance vehicles. So combine fast cars, crashes, and a multimillionaire celebrity, and you have a sensational story. That appears to be the case with Shark Tank star Robert Herjavec, a car enthusiast who has crashed two Ferraris. Or is it three?

Robert Herjavec’s car passion has led to more than 1 Ferrari accident

'Shark Tank' star and businessman Robert Herjavec at the 2016 Creative Arts Emmy Awards in Los Angeles
Robert Herjavec is a Ferrari fan | Axelle/Bauer-Griffin/FilmMagic via Getty Images

You may have heard of Shark Tank, a TV show where entrepreneurs pitch their product ideas to investors. The host is businessman Robert Herjavac. He’s also a car enthusiast, a passion he shares with his Shark Tank co-star Mark Cuban

Herjavac’s love of cars began in the ’70s, when he slid behind the wheel of a Chevy Caprice station wagon and learned to drive. At 20 years old, he bought his first car, a Mazda RX-7 with a rotary engine and manual transmission, MotorTrend reports. 

A couple of decades ago, he began racing cars. In one contest, he was driving an open-wheel Ferrari Formula Vee. Something went awry on the track, and he slammed into a tree, totaling the car. “I didn’t get hurt,” he told MotorTrend, “but the car was basically a write-off.” He took that as a sign to walk away from racing.

But then, a few years ago, he took it back up again. 

In 2012, he was racing a 2011 Ferrari 458 against other rich guys in insanely expensive cars. Herjavec had a good lap with decent speed, but he thought he could go faster. So he gunned it.

Suddenly, he lost control and slammed into a wall. The whole front end of the Ferrari smashed like a tin can.

“I crashed in qualifying — bad and hard hit,” he told TMZ.

Despite losing the Ferrari, he borrowed a friend’s car and continued to race.

Did Herjavec really crash a Ferrari on the streets of Beverly Hills?

Photos posted on Instagram and published by media outlets show a wrecked Ferrari LaFerrari in Beverly Hills in October 2018. The rare hypercar had allegedly been racing on the streets, CarBuzz reported. A female passenger was reportedly ejected on impact.

Local police confirmed the accident happened and that no injuries occurred. They did not share who was involved, though. But unconfirmed reports claim Herjavec was the driver.

Herjavec’s PR rep did not respond to MotorBiscuit’s request to confirm whether he was the driver involved in that LaFerrari crash. So it remains a mystery.

What’s so special about the LaFerrari?

Though we can’t say Herjavec crashed his LaFerrari, we can say that the Ferrari LaFerrari is a true hypercar with insane speed and an even crazier price. According to Car and Driver, the LaFerrari can roar from 0 to 60 mph in only 2.5 seconds.

This hybrid beast packs a 6.3-liter 48-valve V12 engine and an electric motor. Together, they produce 950 hp. Paired with them is a seven-speed dual-clutch automatic transmission with a manual shifting mode. 

Fuel economy is what you might expect from a hypercar but not expect from a hybrid. The LaFerrari gets about 12 mpg in the city and 16 mpg on the highway. Interestingly, this model is known as one of the green hypercars of its day despite its EPA ratings.

It’s also known for its limited production. Ferrari made only 499 units from 2013 to 2018. Asking prices for pre-owned models range from about $3 million to over $5 million on the DuPont Registry.

And Robert Herjavec, worth an estimated $200 million, has enough money to afford a few of them.

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