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Look up! Satellite parts falling down this week

The so-called "Space Ferrari" satellite is due to come down to Earth in the next few days. No one is entirely sure where are all the parts will fall.

A wing in your back garden? ESA/AOES Medialab

If you're a careful sort, you'll have been preparing for a couple of months now.

But, should the warnings have eluded you, then please consider this your overhead traffic alert.

The "Space Ferrari" is on its way down to Earth and no one is sure exactly where all the pieces are going to land.

As CNET reported in September, this beautifully nicknamed satellite (official name: the Gravity field and steady-state Ocean Circulation Explorer) is running out of fuel and on its way back to Earth.

The hope then was that the European Space Agency would at least have a clue as to where some of the parts might land.

However, The New York Times reported that little progress has been made in this regard. And things are a touch imminent.

Indeed, Rune Floberghagen, the ESA's mission manager, told the Times: "Concretely our best engineering prediction is now for a re-entry on Sunday, with a possibility for it slipping into early Monday."

The good news is that most of the satellite should burn up on re-entry. But up to 40 pieces -- some almost as heavy as Mike Tyson's 230 lbs. -- might be flying into a neighborhood near you.

The ESA believes that a very small part of the Earth's surface might be affected by the debris. But we've all seen video of people being struck by lightning, so you just never quite know what might occur.

Of course, the chances of you seeing or hearing it -- never mind being affected by it -- are extremely small.

The ESA doesn't want you to worry. As NBC News reported, the agency said that you're 250,000 times more likely to win the lottery than to be struck by a piece of the "Space Ferrari."

Well, that's OK then.