A RACECAR driver who flipped about 12 times down the side of a hill in a spectacular crash during the Pikes Peak International Hill Climb walked away unhurt.

Jeremy Foley and his co-driver Yuri Kouznetsov took a corner too fast at the 16 mile mark of the famous rally race held in Colorado over the weekend.

Video of the crash shows the Mistubishi Evo 8 being ripped to shreds as it flips continuously down the steep hill.

Both men were airlifted to a local hospital and have since been released.

Mr Foley said he was a little bruised by the crash and local media reports suggest he broke his leg while other reports suggest both drivers were not injured in the crash.

"I thought I posted already, but Yuri and I are ok," Mr Foley wrote on his Facebook page. "A little beaten up but nothing major. Thank you so much to everyone for the kindness and support! What a wonderful feeling to feel so loved!"