He did survive. This is a pic of him today.
From Wikipedia, the free encyclopedia
Tetsuya Ota is a former racing car driver from Japan. He is best known for the fiery crash he was involved in during a race at Fuji Speedway in May 3, 1998.
Conditions were poor in the race which led a Porsche swerving off the track, which Ota's Ferrari 355 hit only seconds later. Both cars burst into flames with Ota's having hit the wall, sliding across to the other side of the track, almost collecting another car. He can be seen stumbling from the wreck and lying on the track afterwards. Ota suffered 3rd degree burns from the fire but survived.