Rare Ferrari F50 Fetches Record $17 Million at Auction
A pristine Ferrari F50, one of the most sought-after sports cars from the 1990s, has been sold for a staggering $17 million, setting a new record for Italian supercars.
A rare and highly coveted Ferrari F50 has been sold at auction for a record-breaking $17 million, marking a significant milestone in the world of classic car collecting. This particular F50, which boasts just 106 miles on the odometer, was reportedly part of a climate-controlled collection for the past two decades, ensuring its condition remained pristine. The sale not only set a new auction record but also established a new public pricing benchmark for 1990s Italian supercars, highlighting the enduring appeal and value of these iconic vehicles.
The auction, which took place in Las Vegas, saw intense competition for several high-profile models, including the Ferrari F50, the Daytona SP3, and the LaFerrari. According to reports, the event was a success, with Broad Arrow achieving a 76 percent sell-through rate, indicating strong interest among collectors and enthusiasts alike. The F50's unique status as one of only 349 ever produced globally, coupled with its near-mint condition, contributed significantly to its astronomical valuation.
The vehicle's originality was a key factor in its appeal, as it came complete with all its original accessories, such as factory flight cases, a removable hardtop, a soft top, and matching luggage. This completeness adds to the car’s allure and historical significance, making it a standout piece in the world of automotive history. The increasing appreciation for the analog driving experience offered by the F50 has also boosted its value, as modern technology continues to evolve and change the landscape of car design and performance.
What we know
- - A Ferrari F50 was sold at an auction. 12
- - The Ferrari F50 set a new auction record. 12
- - The sale sets a new public pricing record for 1990s Italian supercars. 2
- - The auction took place in Las Vegas. 1
- - Broad Arrow had a 76 percent sell-through rate at the auction. 1
- - There was high demand for Ferrari F50, Daytona SP3, and LaFerrari at the auction. 1
- - The vehicle was part of a climate-controlled collection for the past two decades. 2
- - F50 valuations have increased due to recognition of the rarity of the analog driving experience. 2
- - Ferrari produced only 349 F50s globally. 2
- - The sold F50 included all original accessories such as factory flight cases, removable hardtop, soft top, and matching luggage. 2
Trust Score report
Likely accurate — probability of truth 68%, weighted across 12 claims from 2 independent outlets.
- likely A Ferrari F50 was sold at an auction. (83%)
- likely The Ferrari F50 set a new auction record. (83%)
- likely The sale sets a new public pricing record for 1990s Italian supercars. (68%)
- unverified The Ferrari F50 was sold for $18.7 million. (51%)
- unverified A 1997 Ferrari F50 with 106 miles was sold for $17 million. (49%)
- likely The auction took place in Las Vegas. (70%)
- likely Broad Arrow had a 76 percent sell-through rate at the auction. (70%)
- likely There was high demand for Ferrari F50, Daytona SP3, and LaFerrari at the auction. (70%)
- likely The vehicle was part of a climate-controlled collection for the past two decades. (68%)
- likely F50 valuations have increased due to recognition of the rarity of the analog driving experience. (68%)
- likely Ferrari produced only 349 F50s globally. (68%)
- likely The sold F50 included all original accessories such as factory flight cases, removable hardtop, soft top, and matching luggage. (68%)
Sources
- Motor1 — Ferrari F50 Sets New Auction Record With $18.7 Million Sale
https://www.motor1.com/news/814228/ferrari-f50-leads-record-92/ - Autoblog — Ferrari F50 With Just 106 Miles Sells for a Record $17 Million
https://www.autoblog.com/news/ferrari-f50-with-just-106-miles-sells-for-a-record-17-million