Video footage of the incident shows the red supercar slamming into the taxi five seconds after the traffic light turned green in the favour of the taxi at the junction of Victoria Street and Rochor Road.
ComfortDelGro taxi driver, who only wanted to be known as Mr Yeo, handed the two-minute long video over to Shin Min Daily news. Mr Yeo was travelling in his taxi at about 4am that Saturday morning when he witnessed the accident. The footage was shot via his in-car camera.
On Mr Yeo's right was the ill-fated ComfortDelGro cab.
Once the lights turned green in Mr Yeo's favour, the cab on his right moved off immediately. The cab was barely one car length in front of Mr Yeo's vehicle when the Ferrari slammed into it.
The video shows a five-second interval between the traffic light turning green and the Ferrari crashing into the taxi.
Mr Yeo said that he did not realise it was a Ferrari at first as the red shadow was so fast he could not make it out. He estimates that the driver was travelling at more than 100kmh.
He also thought the accident was minor. He only realised how close he was to death when he reviewed the video footage later that day.
He went to pray at about 6am before heading home and sharing the incident with his wife and children.
Those who witnessed the accident can call the police at 1800-547-1818.
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