Oops! Employee flips boss' borrowed Ferrari

She's not hurt, but he's upset; crash involved a curve and high speed

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updated 2:03 p.m. ET April 7, 2009

BOULDER CREEK, Calif. - 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.

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.

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

The CHP said alcohol was not a factor.