This is getting funnier... From the CNN story, the owner is a gentleman by the name of Stephan Ericcson and he says that a German friend by the name of Deitrick was driving the car, They were racing a Mercedes McLaren SLR down the Pacific Coast Highway when they lost control and hit a telephone pole... The driver (Deitrick), jumped out of the car and ran away and they have not found him... The owner, who insists he was a passenger had tested positive for booze...

I have a theory on this... and it can be found here...
http://www.mulhollandraceway.org/ They have been racing the canyons in LA for 25 years, I used to do it too when I was a dumb kid... Usually in the middle of the night and usually on a Tuesday... This crash happened very near Decker Canyon road which is one of the most challenging canyon roads in California....

YEP... They have shut down access to their website... I'll bet this was a member of the run-group...