It looks like the driver was coming from the traffic circle up ahead,and as he was exiting the circle,he gave it to much gas and the car drifted.
It looks like the driver panicked when the rear end lost traction,and immediately turned the wheel right and kept going right,till it hit the curb and kept drifting in the grass,till it hit the other car.The damage could have been worse,so the driver was lucky.Once again money can’t buy talent