Ferrari smashes into $4million waterfront home once owned by finance guru Mark Bouris – with a woman trapped in the wreckage

A Ferrari has crashed into a $4 million mansion once owned by financial guru Mark Bouris, as firefighters work to free a woman trapped in the car.

The luxury vehicle crashed through a wall of the waterfront home on Robertson Place in Watsons Bay, an elite suburb in Sydney’s east, at 1.15pm on Thursday.

A woman in her 50s suffered chest injuries and was trapped in the wreck, while the male driver, also in his 50s, suffered minor head injuries.

NSW Fire and Rescue crews and NSW Ambulance paramedics are working to free the female passenger from the vehicle and treat her injuries.

There’s more to come.