A limited edition Ferrari collided with a Honda Jazz on Victoria Avenue just before lunchtime today (29 September).
It's believed the model of the Ferrari is the ultra-rare Enzo, with only 400 ever made and a price tag of more than £1 million.
The super-car, which is registered in Guernsey, was involved in the accident with a Jersey-registered Honda Jazz.
The collision closed the island’s biggest road for several hours.
All emergency services were called to the westbound carriageway near the Ford garage at around 11.30am.
The road was closed for a time, causing long tailbacks.
It's thought the sports car wasn't being driven by the owner at the time of the crash.
The police haven't reported any injuries.