To put it simply - Yes
On Sunday, the 4th of December, Thirteen Supercars
(Yes! You read it right) were reduced to scrap metal on a rain-slicked Chugoku
expressway in western Japan. The convoy which included quite a lot of Ferraris;
Namely, a couple of 355s, two F360s, the 612 Scaglietti, and a pair of Ferrari
F430s (including the hardcore ‘Scuderia’ version), a Lamborghini Diablo, three
Mercedes Benzes, the home-grown Nissan GT-R and wait for it.. A Toyota Prius,
were heading towards Hiroshima for a Supercar gathering (except for the Prius). 
The Supercar massacre is believed to have happened after one
of the leading Ferrari drivers lost control at over 140km/h and slid across the
wet road, ending up into the path of oncoming Supercars. This set off a chain
reaction of (painful) crashes. Thankfully, everyone escaped the crash without
any serious injury – Sadly, that cannot be said for some of the cars which will
never see the light of day.
Total cost of this exotic pile-up is estimated to be well
beyond $3 million - Big Ouch!
Here's the aftermath Video