Travers ‘Candyman’ Beynon crashed out of the Shannons Australian GT Trophy Series on Saturday.
The tobacco tycoon was reportedly driving at around 220km/h when his car took a spin on the Phillip Island racecourse.
While the father-of-four managed to emerge mostly unscathed, it was a different story for his black Audi R8 which ended up with significant damage to its tail end.
Travers ‘Candyman’ Beynon (pictured centre) crashed out of the Shannons Australian GT Trophy Series on Saturday
Beynon emerged mostly unscathed but could be seen resting his left leg with an ice-pack strapped to it (pictured) as he got into a white van
Beynon took the lead in the race early on before going on to hold a massive 18-second advantage, according to Speedcafe.com.
But his car spun late in the game as he got caught up among the other cars, forcing him to retire from the race.
The back of the car suffered plenty of damage during the incident, with pieces of metal seen jutting from the vehicle’s body.
Rod Salmon went on to win the race, beating out fellow competitors including Wayne Mack and Matthew Turnbull.
Beynon’s wife Taesha, who he married in 2011, and his girlfriend Nisha were among the crew supporting him
The father-of-four’s black Audi R8 suffered significant damage during the incident, ended up with pieces of metal jutting out of its tail end (pictured)
Following the crash, Beynon could be seen resting his left leg as he got into a white van with his crew.
An ice-pack could be seen taped to it, as he relaxed alongside his crew of supporters, who were decked out in bright red and pink outfits throughout the day.
His wife Taesha Beynon, who he married in 2011, and his girlfriend Nisha were among the crew supporting him.
The tobacco tycoon was reportedly driving at around 220km/h when his car took a spin on the Phillip Island racecourse
Beynon was forced to retire following the crash, with Rod Salmon going on to win the race ahead of Wayne Mack and Matthew Turnbull
Earlier in the day Beynon was pictured enjoying the outing at Phillip Island, sporting a black and gold racing outfit.
It featured an elaborate stitched gold design with the slogan ‘Candy Shop Mansion’ on the right and the words ‘Travers Beynon Racing’ stitched on the left.
However, the most eye-catching part of his ensemble, which included a matching cap, was his choice of gold shoes.
The shiny metallic boots included a velcro section and co-ordinated with his golden shades.
Earlier in the day Beynon was pictured enjoying the outing at Phillip Island, sporting a black and gold racing outfit
Among the outfit’s eye-catching pieces was a pair of gold shoes, which matched his sunglasses