Taxi turf war: Shocking moment Colombian cabbies wielding chains and machetes slash at each other in showdown 'over a stolen fare'

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Two Colombian taxi drivers squared off in a chains-and-machete showdown after one allegedly stole the other's fare.

Shocking footage of the street brawl emerged of the encounter in the Alcala district of capital Bogota.

The two men are said to have fought for about a minute before appearing to agree to stop, without either man being seriously hurt.

One is armed with a vicious-looking length of chain, while the other wields a machete.

The men swing at one another a few times, but spend most of the encounter grappling.

One driver, dressed in black, holds the other at arm's length and says something which appears to calm his opponent.

Stand-off: The two men face off on the streets of Bogota, allegedly in a dispute over an stolen fare

Brawl: One is armed with a vicious-looking length of chain, while the other wields a machete

After they part, the two drop into fighting poses again a look ready to renew the clash. But after a few more seconds they lower their weapons in favour of talking and pointing instead.

It is not clear which vehicle allegedly moved in on the other's fare.

The spiralling number of vehicles on the street, as well as increased competition from the likes of Uber, has increased competition on the roads.

Incredibly, nobody is said to have called the police over the dangerous encounter. 

Fight: The men swing at one another a few times, but spend most of the encounter grappling

Respite: One driver holds the other at arm's length and says something which appears to calm his opponent