Police are investigating a possible case of street racing after a very expensive sports car wound up smashed to pieces on a residential Woodland Hills street.

A McLaren, valued to be at least $265,000, and an Audi 6 crashed into one another at about 5 p.m. Tuesday at Califa Street and Platt Avenue, according to KTLA. Witnesses say the McLaren was speeding at over 60 mph in an area where the speed limit is only 25 mph. That area is also a school zone, given its proximity to Hale Charter Academy.

Police believe the McLaren may have been racing a black Dodge Charger when it crashed into the Audi as the Audi driver was making a left turn. Police are looking for the driver of the Charger, and possibly the driver of a silver BMW 5-series that may have also left the scene following the collision.

The McLaren is registered to a man named Kenneth Lynch, who, according to CBS Los Angeles, works in the entertainment industry. The driver of the Audi was described as a man in his 60s or 70s. Both drivers suffered serious injuries and were hospitalized. Their conditions are currently unknown.

The internet cried as this $265,000 McLaren was totaled https://t.co/Z4n3GSDc5F pic.twitter.com/Zb40gf9mbU — Mashable (@mashable) November 2, 2016