Robert Herjavec, 'Shark Tank' Entrepreneur, Wrecks Ferrari During Race At Daytona

on January 26 2013 3:54 PM
'Shark Tank's' Robert Herjavec
"Shark Tank" entrepreneur Robert Herjavec is shown at a race track before his car wreck. Twitter.com/RobertHerjavec

Robert Herjavec, a millionaire entrepreneur and one of the stars of the ABC show “Shark Tank,” was in a car crash during a race at the Daytona International Speedway on Friday.

Herjavec was bumped from behind on the seventh lap of the inaugural Ferrari Challenge, which runs on a 3.56-mile course. The Associated Press reported that Herjavec was treated and released at the infield care center at the center of the track.

He later tweeted: “thx everyone 4 your concern-medical released me-rammed from behind- frustrated but OK-car should be OK for race (hash) 2 tmrow.”

Herjavec later wrote that his car -- which is adorned with shark teeth in homage to his television show -- had been repaired and will be ready to race again soon.

“It’s physically impossible to race sideways like that. But it was great. Halfway through, you get over the fear,” he told the Nascar News Journal of Daytona, before the crash.

Shark Tank,” which debuted on ABC in 2009, features Herjavec and four other entrepreneurs hearing pitches from upstart business owners hoping to convince the “sharks” for an investment … or at least get some publicity.

The 49-year-old made his fortune as the founder of BRAK Internet security software, and selling it to AT&T. He currently serves as the CEO of The Herjavec Group, another security software company, which is valued at over $100 million.

The entrepreneur previously compared his business method with his life on the race track during an interview with Inc.com.

“I own a Ferrari race team, and we race all over North America. It's kind of like business; if you move fast, sometimes poo-poo happens,” Herjavec said in June 2012. “I had gone around a corner, and had just done a fast lap, and I should have lifted the throttle. So I crashed. Just like in business, you have to know when to lift off.”