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Bumping into or even just scraping against an object while pulling you car out of a parking space has probably happened to everyone at least once or twice. However, you would expect an owner of a spanking new Ferrari 599 GTO worth north of €260,000 or close to $400,000 to be far more careful that usual when attempting to reverse out of a parking space. Apparently, being careful was not in the nature of the owner of this blacked out 599 GTO in Cologne, Germany. Video follows after the break.

Here’s how the Youtube user who filmed the video described the encounter:

“I saw this beautiful Ferrari 599 GTO in Cologne. I waited for an hour when the Owner came back. Then he starts up that Beauty and wanted to drive backward. My brother said "Vorsicht" (Watch out) 3 times. After that you can hear an awful sound when he hits the pole. It's so sad to see the damage and hear that noise.”

Hat tip to Chris!