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THIS is the moment two Ferrari supercars flew through the air and crashed into a wall after a "holiday street race" went terribly wrong.

The two motorists were racing in rural Italy when they lost control and smashed into a home at the weekend.

The moment the two Ferraris fly through the air and crash into a wall of a home
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The moment the two Ferraris fly through the air and crash into a wall of a homeCredit: CEN
The terrifying incident left the two luxury cars in total ruins
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The terrifying incident left the two luxury cars in total ruinsCredit: CEN

The crash happened near Osimo in the Marche region, about 183 miles northwest of the capital, Rome.

Footage captured by CCTV home cameras recorded the terrifying moment in the otherwise quiet regional township.

The two Ferraris are seen chasing each other around a dog-leg street, however, the front car misses the turn and the latter follows.

Seconds later, both vehicles launch up the curb and fly uncontrollably into the villa's fence.

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The crash was short-lived but it was at such force that it even sent debris from the £500,000 cars into the villa's swimming pool.

Both vehicles smoked up and it appeared the drivers were able to escape from the wreckage.

According to local media, an ambulance, paramedics and firefighters were called to the crash site.

The two drivers are believed to be a Belgian national and a Dutch national.

The men were subsequently taken to a local hospital in Ancona, about a 25 minute drive away.

Surprisingly, both motorists walked away from the accident with only minor injuries.

Police are investigating the cause of the incident.

People who watched the crash via YouTube were quick to share their thoughts.

"I believe I can hit the fence... now my life is worth two cents... I believe I can fly," a social media user said.

"When stupidity and insanity merge together," one said.

"Apparently the fence was the finish line," a second said.

"People should be jailed for such dangerous driving, "; another said.

The moment the drivers miss the turn
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The moment the drivers miss the turnCredit: CEN
Once the car hits the curb it launches into the air
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Once the car hits the curb it launches into the airCredit: CEN
Firefighter crews extinguishing the fire
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Firefighter crews extinguishing the fire
The aftermath of the crash
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The aftermath of the crashCredit: Vigili del Fuoco/CEN
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