A pricey Porsche went up in flames at a gas station northwest of Toronto, leaving one of the judges of Dragons' Den in search of a new ride.

Michael Wekerle in Porsche 918 Spyder

Dragons' Den judge Michael Wekerle had his Porsche 918 Spyder for less than a month before it was totalled in a fire. (Michael Wekerle)

The silver-coloured Porsche 918 Spyder caught on fire Sunday night at an Esso gas station in Caledon, Ont., near Hurontario Street and King Street.

Some people driving by captured video of the burning sports car.

Witnesses say the fire began after the gas overflowed and then ignited from the vehicle's exhaust heat.

The car belonged to Michael Wekerle, one of the judges on CBC Television's Dragons' Den.

Wekerle was not injured in the fire. The car was totalled.

"It's gone," Wekerle told CBC News in an interview the day after the fire.

The burned-out car has been towed to Wekerle's nearby Caledon property. He had paid $900,000 US for the vehicle and taken possession of it on Sept. 3.

"It was one of the first two that came into Canada," Wekerle said.

Wekerle said he's thankful that no one was hurt.

The burned out car shortly after the fire was extinguished.

The burned out car shortly after the fire was extinguished. (@mckinnon31/Twitter)