05/10/2015 01:47 BST | Updated 04/10/2016 06:12 BST

More Than 20 Hurt 'When British Millionaire Crashes At Malta Motor Show'

A supercar at a motor show lost control and veered into the crowd, injuring 26 people and leaving five fighting for their lives in hospital.

British businessman Paul Bailey was driving the Porsche 918 Spyder when it clipped the grass, spun out of control and ploughed into spectators at the event in Malta, according to reports.

Five of those injured are in critical condition, allegedly including a six-year-old girl, while the driver and at least eight others were taken to hospital with fractures or cuts and the rest suffered minor injuries.

Witnesses said the car was driving at high speed along an unused airport taxiway in the Hal Farrug district when the accident occurred.

An eyewitness told Times of Malta: "The car was speeding down the taxiway when a back wheel went on the grass.

"The car spun out of control, went through the barriers where a large crowd was watching, and into the area of the static car exhibition.

"Many people were hit, there was chaos and screams."

Mr Bailey, a self-made millionaire from the East Midlands, has a collection of more than 30 supercars, including a £866,000 McLaren P1 and £1.2 million customised Ferrari, according to Mail Online.

He reportedly bought the limited edition Porsche Spyder for £780,000 in January this year.

He made his £28 million fortune when he sold a phone-conferencing firm in 2012, Mail Online reported.

The rest of the show, hosted by Malta's president to raise money for charity, was cancelled.