I can't read spanish, but apparently the pics are from a car accident that was caused by street racing.
It's not spanish ... it's portuguese. But anyway, it doesn't mention anything about street racing ... he could might as well be "racing" by himself (who would compete against a Ferrari? Especially here in Brazil were these beauties are a rarity!).
The translation of the text:
"The pictures from this businessman are from an accident on the Via Dutra (a highway). Unconfirmed reports indicate he was travelling at around 280 km/h (about 175 mph)."
I've traveled on the Via Dutra a lot of times. It's very narrow, with two lanes in each direction, with just a railguard separating both sides. For hundreds of miles, it goes about without any curves. It's used primarily by truck drivers, and has one of the highest traffic rates of the whole country. Because of this ... here's what I think:
This guy was a class A dumbass. Just hope he didn't take someone else's life ...
Kuk