Newzination's video: Ferrari Spider left a wreck in Burnley after wedding couple smash it into a wall

'It's a rear-wheel drive and has 500 or so horsepower, so it's not easy to get the hang of straight away. 'He'd put a £5,000 deposit on it and there's going to be a hefty excess to pay. He lives in a large Muslim community and they always seem to rent fancy cars for big events. 'I went to one and they'd rented out a stretch limo and two Bentleys. Luckily they didn't crash any of those.' Another friend of Mr Ali confirmed reports that it was rented from Platinum Executive Travel, which loans cars for weddings and corporate events starting from £600 a day. Yesterday a spokesman for the firm said they had sold the car three months ago. Millionaire car owner: 'Lord' Aleem Iqbal +6 Millionaire car owner: 'Lord' Aleem Iqbal But Aleem Iqbal, 21, who runs the company with his father Saleem, tweeted that he expected to have the vehicle 'back on the road in three weeks'. He added: 'Thanks for all the kind messages. I wasn't at the wheel, and nobody was injured that's the main thing, have had a lot worse in this business.' A spokesman for Lancashire Police said: 'We were called around 12.40pm on Sunday, April 17, after reports of a collision on Abel Street in Burnley. 'Officers attended and found a white Ferrari spider car had collided with a wall. The male driver, 25, was uninjured. No arrests were made.' Within a five-week period in 2014 more than £500,000 worth of Platinum Executive Travel's supercars were destroyed in two suspected arson attacks. Mr Iqbal leased out a new £340,000 Lamborghini Aventador Roadster for a wedding, but it was firebombed hours later outside a house in Luton. The Solihull-based teenager, who goes by the name 'Lord Aleem' on Twitter and Facebook, later said the attack was a 'vile act of jealousy' targeting the wedding family. But he refused to comment after three more luxury cars, worth £200,000, were also targeted in a suspected arson attack near the firm in Yardley. Two Audi R8 Spyder supercars and a Bentley Flying Spur were destroyed in the fire in June 2014. https://www.youtube.com/channel/UC0OMmwr4aKHOn7wWMwGbd2g