The F40 is surely the favorite special edition Ferrari for any fan of forced induction. Celebrating the Italian super car maker’s 40th anniversary, the 288 GTO ’s twin turbocharged V8 was fitted in between the wheelbase of wedge shaped rocket ship made from kevlar and carbon fiber. Not only did the F40 pave the way for future greats like the F50 and Enzo both ten and twenty years later. Although the men from Maranello never intended to compete with the F40, the special edition super car made its race car debut in 1989 at Laguna Seca competing in the GTO category of IMSA competition with Jean Alesi behind the wheel.
Fast forward a couple of decades and the question then becomes, what do you do with a twenty year old super car? Sure you could restore it to what it was like when new, but even then modern super sports cars like the BMW M5 will leave you in their slipstream on the street. One particular Ferrari sta decided to take his aging F40 and give it a new lease on life as an LM racing recreation. The car was rebuilt from the ground up and has everything the old race car came with, except that it was built with the knowledge of how to make an F40 go. The LM spec race car has everything from a fully adjustable suspension and Motec gauges to the original LM computer and turbochargers, albeit being fed from a fresh set of pipes. The owner has yet to turn a wheel on the track with the car and he is staring the bidding war at $200,000. So far there haven’t been any bidders and we have a feeling that in this climate, two hundred grand is quite a lot to pay for a 20 year old car, even if it is a red Ferrari.