Ferrari Mailing List: One less Enzo on the roads

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http://www.bloomberg.com/apps/news?pid=20601085&sid=aDxSu8kj5f5E&refer=europe
Russia Billionaire in Coma After French Ferrari Crash (Update1) 

By Helene Fouquet

Nov. 27 (Bloomberg) -- Russian billionaire Suleiman Kerimov was placed into a 
coma after suffering severe burns when the Ferrari he was driving crashed and 
burst into flames in Nice on the French Riviera on Nov. 25. 

Doctors at Marseille burns hospital La Conception will wait 48 hours before 
deciding on a diagnosis, said a spokeswoman for the city's hospitals who 
declined to be identified. Severely burned patients are often placed in an 
artificially induced coma, the spokeswoman said today by phone. Kerimov's 
family asked the hospital not to disclose detailed information on his 
condition. 

The 40-year-old businessman, worth $7.1 billion according to Forbes magazine, 
was speeding and weaving through traffic when he lost control of a black 
Ferrari Enzo on the Promenade des Anglais, the boulevard that runs along the 
Nice shoreline as he was speeding, said the policeman in Nice who is heading 
the investigation into the crash. The policeman, who spoke by telephone today, 
declined to be named, citing French regulations. 

Kerimov lost control of the Ferrari while overtaking another car, hitting the 
sidewalk and then a tree before the engine caught fire, the policeman said. 
Traffic rules limit cars on the Promenade des Anglais to 50 kilometers (31 
miles) per hour. 

Investigators carried out chemical and technical tests on the wreckage of the 
Ferrari that allowed police to rule out the possibility the crash resulted from 
an assassination attempt, the policeman said. 

Lost Control 

Kerimov, who arrived in Nice on a private jet with his friend Tina Kondelaki, a 
Russian television presenter, was driving a Ferrari loaned to him by a friend, 
the policeman said. 

Russian daily Kommersant printed a photograph on today's front page showing 
what it said was the two pieces of the burned car, surrounded by firefighting 
foam. 

Bree Schuette, a spokeswoman for Kerimov's OAO MNPO Polymetal in St, 
Petersburg, said she couldn't comment on the businessman's condition. 

Kerimov was transported by helicopter to La Conception in Marseille after the 
sports car caught fire. 

The billionaire's clothes were on fire as he jumped out of the Ferrari and his 
face was the most severely-burned area, the policeman said, citing unidentified 
witnesses. 

Kondelaki was admitted to a hospital in Nice shortly after the incident. She 
was lightly injured and left the premises quickly to head back to Russia before 
investigators could interview her, the policeman said. 

A woman at CTC's press office declined to comment or be identified when 
Bloomberg called today. Kondelaki didn't answer her mobile phone when Bloomberg 
called. 

Gazprom, Sberbank Holdings 

Kerimov ranked No. 72 this year in Forbes magazine's annual survey of the 
world's richest people published in March. His wealth derives from stakes in 
OAO Gazprom, Russia's natural-gas export monopoly, and OAO Sberbank, eastern 
Europe's largest bank. 

The businessman's OAO GNK Nafta-Moskva bought Polymetal, Russia's biggest 
silver miner, last year for an undisclosed price. Interfax today said the 
acquisition cost about $900 million. 

A native of Dagestan, a republic in Russia's Caucasus region, Kerimov moved 
into the banking business following the fall of the Soviet Union in 1991. 
Kerimov went from banking to buying assets in aviation to oil trading, 
according to Forbes. 

Kerimov has been a member of the Duma, the lower house of the Russian federal 
parliament, since 1999 as a member of the Liberal Democratic party headed by 
Vladimir Zhirinovsky, a nationalist known for his controversial behavior. 

To contact the reporter on this story: Helene Fouquet in Paris at hfouquet1 
[at] bloomberg.net . 

Last Updated: November 27, 2006 11:15 EST