Spectators watched on in horror as the bloke's Huracan Performante span out of control at the HR Owen Supercar Sunday event in Acton, West London, on Sunday (24 March).
The vehicle then mounted the curb before crashing into a tree and sliding into a brick wall.
Thankfully, the driver is thought to have escaped from the incident unscathed, despite slamming into the wall and seriously damaging his grey Lambo.
The incident took place in Acton, West London. Credit: SWNS
However, that's not to say he wasn't hurt emotionally, as he was seen in floods of tears after his costly mistake - which is pretty understandable, really.
A spectator, who asked not to be named, heard the crash from a nearby street at around 1.30pm.
He said: "As soon as I heard it, I rushed over to where it happened.
"I was worried anyone had been injured and went to check that all was okay or not.
"The crowd were loving the cars making noise and driving away fast from the event, but everyone seemed shocked and sad to see the crash.
"I did not see the driver leave the car - there was nobody in it by the time I had reached there.
"The drivers were not participating in drag races, they were just making some noises for the crowd and accelerating away fast."
Some of the damage to the car. Credit: SWNS
A video shared on a YouTube channel called Supercars on the Streets shows the grey supercar lining up next to an apple green Lamborghini on a street.
The driver then sped along the road, which was lined with cars, before losing control in an attempt to dodge oncoming traffic.
Slamming into a tree, the bonnet of the car was crushed, while the boot was also completely obliterated.
People nearby watched in shock as the mangled car, which is one of the world's fastest production cars, was lifted onto a recovery vehicle.
Supercar fans have been taking to Twitter to slam the drivers' actions, with person tweeting: "Shocking behaviour. We all love seeing the experience of a supercar open up a bit, but on a public road with idiots behind the wheel, thank goodness nobody seems to have been hurt.
"Make them pay a huge fine, take away their licence and perform community service."
Someone else said: "They really don't deserve to drive these cars - all the mechanical sensitivity of a charging rhino."
Featured Image Credit: SWNS