Local witnesses said they saw a Ferrari hit Klanprasert’s motorcycle and then speed off from the scene. Investigators were able to find the car at Yoovidhaya's home by following a trail of leaked oil left by damage to the Ferrari’s front-end.
Another police officer, who has since been suspended, is accused to have attempted to cover up the driver's identity by claiming another driver was the cause of the accident, according to CNN.
Following his arrest, Yoovidhaya reportedly admitted that he was involved in the accident, though he is said to have stated that it was due to the police officer's motorcycle suddenly cutting him off.
He has since been charged with causing a death with negligence and hit and run, and is currently out on bail. A lawyer for the Yoovidhaya family has reportedly said the family will be taking responsibility for the damages.
In addition to being co-owners of the Red Bull drinks empire, Yoovidhaya’s family also happens to be the official importer of Ferrari cars in Thailand. Our guess is he’ll be back on the road in a new supercar in no time.