The crumpled, gray Maserati, which had no license plate, came to rest several feet away from the incinerated taxi.
"The people I feel sorry for are the people in the taxi," said Elvina Joyce, a tourist from Regina, Saskatchewan. "Seconds made all the difference in the world for them. Wrong place, wrong time."
The area near the scene has been the site of high-profile violence in the past.
Rapper Tupac Shakur was killed in a drive-by shooting in 1996 about a block away under similar circumstances, as assailants opened fire on his luxury sedan from a vehicle on Flamingo Road. The killing has never been solved.
And Las Vegas has had several violent episodes in recent months.
Two people were critically wounded in a shooting at a parking garage on Feb. 6, and a tourist was stabbed last Saturday in an elevator at The Hotel at Mandalay Bay.
On New Year's Eve at Circus Circus, a man pulled out a revolver and fired it into the ground just off the main floor of the casino. Less than two weeks earlier, a woman allegedly slashed the face of a blackjack dealer at the Bellagio.
Associated Press writers Michelle Rindels and Hannah Dreier contributed to this report.