updated 4/7/2009 2:03:56 PM ET 2009-04-07T18:03:56

The California Highway Patrol said a 23-year-old woman driving an expensive Ferrari owned by her boss flipped it after taking a curve too fast, causing an estimated $125,000 in damage.

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CHP Officer Elizabeth Addy said the woman escaped the crash Saturday without injury, but her boss was irate.

The unidentified woman apparently lost control after taking a curve at too high a speed, hit an embankment and flipped.

Addy said the woman was driving the car with the owner's consent.

The CHP said alcohol was not a factor.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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