Rare Ferrari F40 goes up in smoke as man tries to save it with a garden hose

As flames engulfed the $2 million supercar, one man made a last-ditch effort to save the vehicle using a garden hose.

A rare Ferrari worth almost $2 million has been engulfed in flames on the streets of Monte Carlo, despite the efforts of one man and a garden hose.

Footage posted to social media showed the Ferrari F40 going up in flames after a fire started in the engine compartment.

One brave bystander tried to put out the blaze using a garden hose from the balcony above the street.

A man tried desperately to save the car by hosing it from his balcony. Picture: smih_carspotting/WENN/AAP

Unfortunately his attempts were in vain. Picture: smih_carspotting/WENN/AAP

Luckily, the driver escaped in time to avoid injury and watched as his pride and joy was destroyed in front of his eyes.

Shocked onlookers were forced to retreat as massive plumes of smoke spewed into the air.

The incident was quickly brought under control by fire fighters before it could spread to nearby buildings.

Another photo shows the extent of the damage, with the luxurious model transformed into a burnt wreck.

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Once one of the world’s rarest supercars. Picture: smih_carspotting/WENN/AAP

Now it’s as good as scrap metal. Picture: smih_carspotting/WENN/AAP

Supercar fans took to social media to share their sadness at the destruction.

Sad sight... 🔥
Ferrari F40 burning in Monaco right now. pic.twitter.com/It7BivWq4Z

— Ismael Callouet (@callouetismael) February 18, 2020

Sad day for this F40. 😞 #ferrari #F40 pic.twitter.com/Wmmwj0ksTZ

— al (@al64051055) February 19, 2020

So a Ferrari F40 blows up on Enzo Ferrari’s birthday and a day before the 2020 season starts? I’m- https://t.co/QHgPmxgEQV

— Giulia (@Chaaarlee1) February 18, 2020

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The F40 is recognised as one of the world’s finest cars ever made, with just 1,311 models produced from the late 1980s to the early 1990s.

The Italian supercar is powered by a twin-turbocharged V8 engine that allows it to go from 0 to 100km/h in 4 seconds and reach a top speed of 366km/h.

The Ferrari F40 was built to celebrate the supercar maker’s 40th anniversary.

This one burned up on company founder Enzo Ferrari’s birthday, when he would have been 122 years old.

This article originally appeared on The Sun and was reproduced with permission.