That commercial was shot on Pacific Coast Highway at Mugu Rock (the big rock on the left). It's pretty famous and it's been in a ton of movies and commercials, recently Iron Man in the shot where they're racing the to the airport (shot at Mugu Naval Air Station).
It's right up the road from here, about 25 minutes or so before you hit Malibu.
Performance Mods: Injen Powerflow CAI, Doug Thorley Cat-Back Exhaust, Doug Thorley Shorty Headers, Trifecta Tune, TSW Nurburgring Wheels 20x9, 3.45 Ratio LSD Swap, VMax Black Ice-Olator
Appearance Mods: RiderGraphix LS7 Front Fascia Blackout Vinyl, Gill Insert Vinyl, Rear Deck Lid Vinyl (Gloss Black), Gary's Customs Painted Bowties
Coming Soon: BMR Trailing Arms