Markus and Melissa Krautli, from Zurich in Switzerland, burned to death after their Ferrari tried to get past the campervan at the same time as the Lamborghini on a country road in Sardinia, Italy.
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The three motors collided, flipping the campervan and shunting the Ferrari off the road where it burst into flames.
Cops identified the Krautlis, both in their sixties, as the two people who died in the horror crash.
Markus, 67, was the boss of multi-national logistics firm Krautli – and a supercar enthusiast who often shared his adventures on social media.
Melissa, 63, worked in HR for the same company.
They were taking part in the Sardinia Supercar Experience, an idyllic drive across the Mediterranean island.
Indian actress Gayatri Joshi said she and her husband Vikas Oberoi were travelling in the Lamborghini – and were “absolutely fine”.
She told Indian media: “Vikas and I are in Italy. We met with an accident here.
“With God’s grace, we both are absolutely fine.”
A couple in the overturned campervan were taken to hospital with non-life-threatening injuries.
Video from a driver behind the tragic incident on October 2, shows the full crash as it happens.
In the minute long clip, a blue Lamborghini tries to overtake a big white camper van by going into the opposite lane.
A red Ferrari then speeds alongside the moving Lambo and the pair touch, sending them flying towards the camper van and leaving all three in opposite directions.
The Ferrari is behind the tipped van and can’t be seen in the video, but according to local media it caught fire, trapping the poor couple inside as they burnt to death.
As the cars collide the woman in the video can be heard screaming before the daunting sound of the nasty impact can be heard.
The Lamborghini ends up down a ditch but the pair inside can be seen moving at the end of the footage telling the cars around them they are okay.
The remains of the three vehicles have been taken in by local authorities as they continue to investigate the incident.
Italian daily newspaper Corriere della Sera reported that the couple were leaving Forte Village and heading towards Mores.