Back to Ferrari

Ferrari Auctions Cars

Incredible Bespoke 2011 Ferrari 599 GTO ‘Tailor Made' to be Auctioned at RM Sotheby's in Monaco

Incredible Bespoke 2011 Ferrari 599 GTO ‘Tailor Made’ to be Auctioned at RM Sotheby’s in Monaco

Mating luxury and speed in one very desirable package

Ferrari first introduced the 599 for the 2007 model year as a replacement for the 575M Maranello. Sporting elegant curves and high-powered, front mid-engine motivation, this grand tourer checks all the right boxes for a modern Berlinetta from the Prancing Horse. Now, there’s an utterly bespoke version heading to the auction block in Monaco this May.

Continue reading for the full story.

Read more
Car For Sale: All-Electric 1976 Ferrari 308 GTS

Car For Sale: All-Electric 1976 Ferrari 308 GTS

Electric GT’s electric Ferrari 308 GTS is headed to Barrett-Jackson

Back in 2016, we chanced upon this 1976 Ferrari 308 GTS that was restored and turned into an electric car by a company called Electric GT. We hadn’t seen or heard much about it since, but his all-electric Ferrari has returned into our lives because it’s headed to the Barrett-Jackson auction in Scottsdale, Arizona later this month where it’s tipped to sell for good money. Funny how some things come full circle.

Read more
Ferrari 250 GT California Spider Sold for $17.99 Million at Auction

Ferrari 250 GT California Spider Sold for $17.99 Million at Auction

It’s probably worth every penny too

What would you do with $17.99 million if you had one day to spend it? Would you use all of it to buy gold? Perhaps toss in a few million on bitcoins? Maybe you should buy an exotic car or two while you’re at it. None of these scenarios compares to what one man did to his $17.99 million. He used all of that amount to buy a 1959 Ferrari 250 GT LWB California Spider Competizione by Scaglietti during RM Sotheby’s recent auction in New York City. Now that’s a high roller.

Read more
Michael Schumacher's Formula One Race Car Sells For $7.5 Million

Michael Schumacher’s Formula One Race Car Sells For $7.5 Million

The legacy of German icon still looms large over the whole sport

Michael Schumacher is still regarded as the greatest Formula One driver in history. The maestro holds a long list of records, including most championships won (7), most race wins (91), and most podium finishes (155). Now we can add “driver of the most expensive modern Formula One racing car ever sold at an auction” to that list. $7.5 million. That’s how much a Ferrari F2001, the same race car that Schumacher drove to romp his way to the 2001 World Championship, sold for that amount at the RM Sotheby’s auction in New York late last week. The legend of Schumi continues.

All the same, the Ferrari F2001 is arguably the most sought-after Formula One race car of this century. Not only did it help Schumacher win the 2001 driver’s title by a whopping 58 points (123 - 65) over runner-up David Coulthard, it also spearheaded the Prancing Horse’s dominance throughout the season, which saw the Italian team finish on the podium in all 17 races. The specific car that was up for auction contributed heavily to the team’s championship cause since it’s the same one that Schumacher drove at the Monaco and Hungary Grand Prix, winning both on his way to his fourth world championship. Given its provenance, it’s not surprising that the car sold for exactly $7,504,000, far exceeding the $5 million estimate the auction house placed on it. It also blew the existing record for most expensive modern F1 car to sell at an auction, displacing the $3.2 million Ferrari F2004 that RM Sotheby’s sold back in 2005. It’s hard to imagine another modern Formula One Car fetching that kind of price at an auction in the foreseeable future, at least unless either Lewis Hamilton or Sebastian Vettel start closing in on all of Schumacher’s records. For now, the Ferrari F2001 can lay claim to the title of most expensive modern Formula One car in history. 16 years after its dominant run in 2001, it’s still setting records like a boss.

Continue after the jump to read the full story.

Read more
You Can Buy This Ferrari Book For The Price Of A New Sports Car

You Can Buy This Ferrari Book For The Price Of A New Sports Car

It’s ridiculous, but it’s a Ferrari book so, you know...

Any type of merchandise associated with Ferrari usually commands a steep price. A Ferrari-branded polo shirt, for example, costs $95. A pair of Ray-Ban for Scuderia Ferrari glasses can go for as much as $300. Dive into the world of high-end opulence, and you can buy a Hublot MP-05 LaFerrari Sapphire Watch for $300,000. All items have one thing in common, and it’s in that same breath that I present to you this 80-pound, 852-page book called the The Official Ferrari Opus Diamante Edition. It’s set to be auctioned off at the RM Sotheby’s auction in New York on December - the same setting of the Bugatti Chiron Number One auction - and if you’re willing to spend for this book, you’re going to need to part ways with around $150,000. Oh, yes. This book costs more than a second-hand Ferrari. What the heck is going on, right?

As ridiculous as a six-figure book sounds, there is a reason why The Official Ferrari Opus commands such a high price. For one, it was published by UK-based Kraken Opus, one of the publishing world’s go-to places for high-end works of the literary world. It’s also the range-topping version of a book that comes in many different forms. The base Classic version, for example, costs “only” $4,100 while the premium Enzo Edition was sold in 2011 - the year the book came out - for a whopping $37,500. The version that RM Sotheby’s is selling, though, is above and beyond any kind of book you’ll ever see, and some of its features serve as good examples on why it costs the price of a brand-new Porsche 911 Turbo. Interested? You better read on then because you’ll need to know where you’re money’s going if you buy this book.

Continue after the jump to read the full story.

Read more
The Ferrari LaFerarri Aperta #210 Did Sell For Almost $10 Million

The Ferrari LaFerarri Aperta #210 Did Sell For Almost $10 Million

It’s now one of the most expensive Ferrari models of all time

The Ferrari LaFerrari Aperta #210 didn’t sell for €8.32 million ($10 million) as I predicted, but it might as well have after fetching a winning bid of €8.3 million ($9.98 million) in RM Sotheby’s “Legend e Passione” auction at Ferrari’s Fiorano race track as part of the automaker’s 70th anniversary celebration. The total amount bid for the LaFerrari Aperta is made more impressive by the fact that it surpassed the winning bid ($7 million) for the LaFerrari #500, a similar last-second creation that was auctioned off $7 million to benefit victims of the Italy earthquake in 2016.

As has been mentioned before, proceeds of the auction for the LaFerrari Aperta #210 will also go to a good cause, specifically to the “Save the Children” charity. Beyond the obvious significance of the money going to charity, the auction price of the LaFerrari Aperta #210 puts to rest any lingering doubts of the convertible hypercar’s appeal among Ferrari collectors. The truth painted a far different picture, establishing the LaFerrari Aperta as a modern-day classic that financially-endowed Ferrari collectors were more than willing to pay way over its supposed market value. It not only sold for almost four times the actual price of a “standard” LaFerrari Aperta but the price it did go for immediately shot the convertible hypercar up the rankings as one of the most expensive Ferraris in the world. Not too bad for a car that wasn’t supposed to exist in the first place.

Continue after the jump to read the full story.

Read more
2017 Ferrari LaFerrari Aperta #210

2017 Ferrari LaFerrari Aperta #210

Could this be the hypercar that sells for $10 million?

The last Ferrari Laferrari Aperta is headed to the auction block this weekend. That alone should be enough to warrant headlines, but as most of you already know, the auction-bound LaFerrari Aperta is special in its own right. This unit isn’t supposed to exist in the first place. This is the 210th LaFerrari Aperta, a last-second creation by Maranello that isn’t a part of the initial lot of 209 units that the automaker planned to launch but was nonetheless built as an auction piece to benefit the “Save the Children” charity.

The auction is set to take place at Ferrari’s Fiorano track and is part of RM Sotheby’s “Legend e Passione” event being held as part of the Italian automaker’s 50th anniversary. Befitting the event on September 9, Ferrari gave the LaFerrari Aperta a unique look no other model of its kind had when they all came out of production. These features firmly establish the 210th model as a legitimate one-of-a-kind LaFerrari Aperta, the kind of car that Ferrari collectors will trip over themselves to get a hold of. It’s no surprise then that neither Ferrari nor RM Sotheby’s has released an estimate for the car. Considering that the 500th LaFerrari – the precursor of the 210th LaFerrari Aperta – fetched $7 million in a similar auction setting last year, the sky really is the limit as to how much the 210th LaFerrari Aperta is going to sell for this weekend.

Continue after the jump to read the full story.

Read more
Would You Pay $380,000 For A Ferrari Wind Tunnel Model?

Would You Pay $380,000 For A Ferrari Wind Tunnel Model?

It’s more expensive than an actual Ferrari 812 Superfast

The Ferrari 812 Superfast is super cool, super powerful, and super expensive. It’s priced from $335,275, which is more than an arm and a leg for most of us. But if you have the money to do it, why not spend on a Ferrari 812 Superfast with no engine, no drivetrain, and no steering wheel for a price that’s higher than the actual car itself. It’s strange times we’re living in, right?

Don’t think this is a joke either because this is completely legitimate. The 812 Superfast in question isn’t even an actual car; it’s a scale model finished in hand-sculpted carbon fiber that also includes materials described only as “prototypes.” The 1:2 scale model was sculpted by noted designer Ignacio Albera and was used by Ferrari throughout the development process of the 812 Superfast, including gathering the results of computational fluid dynamics that were done inside the wind tunnel. Adding to the appeal of the model is the fact that it’s maintained its original modularity since it went through the ringer. Should this model be of interest to you, RM Sotheby’s will be selling it during its Leggenda E Passione sale on September 9 at Ferrari’s own headquarters in Modena, Italy. Bring those checkbooks if you end up going because early estimates for the car say it could sell for as much as $380,000, more than $40,000 higher than what you’ll pay for an actual 812 Superfast.

Continue after the jump to read the full story.

Read more
Ferrari Isn't Done Building LaFerrari Apertas

Ferrari Isn’t Done Building LaFerrari Apertas

A 210th model is set to be auctioned off at the RM Sotheby’s auction on September 9

If any of you missed out on scoring any one of the 209 Ferrari LaFerrari Apertas, fret not because the Prancing Horse is building a 210th model. The only catch is that you might have to pay more than the reported price of $4 million for the roadster version of the LaFerrari. See, unlike the first 209 models, the 210th LaFerrari Aperta will be auctioned off at RM Sotheby’s auction on September 9 to benefit a yet-to-be-named charity.

The decision to add another LaFerrari Aperta to the mix comes in the wake of a similar move by Ferrari to build a final production LaFerrari – the 500th model – to help raise funds for the National Italian American Foundation’s Earthquake Relief Fund back in December 2016. That auction took place to help victims of a deadly earthquake that floored Central Italy last September. With the LaFerrari Aperta actually being a rarer model than its hardtop counterpart, there are expectations that the car will sell for a much higher price than the $7 million somebody paid for the 500th LaFerrari. Still, RM Sotheby’s is keeping a conservative estimate on the car, even going so far as to peg its sale at a price between $3.5 million to $4.7 million, or right around the same amount that all 209 standard production models cost. Regardless of how much it goes for, the mere fact that there’s another one up for grabs should be enough to invite a bidding frenzy. At the very least, those who felt they got the short end of the stick when the car was launched will now have the opportunity to get their hands on one.

Continue after the jump to read the full story

Read more
RM Sotheby's Will Offer a Stunning Collection of Ferraris in Monterey This Year

RM Sotheby’s Will Offer a Stunning Collection of Ferraris in Monterey This Year

Got a few million to burn? Head to California next month and grab one of these beauties

Every year, as the summer slowly fades to fall, Monterey, California is inundated by top-dollar four-wheeled machinery. It’s called Monterey Car Week, and in addition to classic racing at Laguna Seca and world-class show and shine at the Pebble Beach Concours d’Elegance, this annual auto orgy also plays host to numerous high-end collector car auctions. One of the best is put on by RM Sotheby’s, which just announced it would offer up a lineup of no less than 13 of some of the most desirable Ferraris on the planet.

It makes sense to bring these machines to Monterey. After all, this is the town where in 2014, a 1962 Ferrari 250 GTO sold for a whopping $38 million to become the most expensive car ever sold at public auction. Celebrities rub shoulders with collectors and well-heeled enthusiasts in a nearly endless sea of pricey metal, and counter-bids are in increments big enough to buy a house. It’s the perfect place for a spread like this, which spans a full half-century of Ferrari’s greatest hits. Upping the excitement, most models are offered without reserve, and all but two are painted a searing shade of Rosso Corsa red. The heavy hitter of the bunch is a silver 1961 250 GT SWB Berlinetta by Scaglietti, which is expected to change hands for somewhere between $8.5 and $10 million.

Continue reading for the full story.

Read more
The Biggest Ferrari Auction Ever Is Coming In September

The Biggest Ferrari Auction Ever Is Coming In September

Take a deep breath and get those checkbooks ready

Classic Ferraris are without question of one of the most sought-after models in any auction and there’s a whole list of iconic Prancing Horses that have fetched millions of dollars each. The two most expensive cars sold in an auction are both Ferraris – a 1962 250 GTO and a 1957 355S. In fact, these two are the only two cars to fetch over $30 million, and with Ferraris continuing to have such massive appeal from auto collectors, we can expect big things to come out of RM Sotheby’s upcoming car auction; it’s being described as the biggest Ferrari auction in history.

For those who aren’t familiar, RM Sotheby’s is actually the go-to auction house if you’re looking for classic Ferraris. Forty percent of the cars sold by the auction house are Ferraris, including a 1956 Ferrari 290 MM that was once owned by no less than five-time Formula One champion Juan Manuel Fangio. That car sold for $28.05 million back in December 2015, barely edging the $27.5 million that somebody paid for a 1967 Ferrari 275 GTB/4*S N.A.R.T. Spider, considered to this day as the most expensive road-going Ferrari to be auctioned off. Needless to say, expectations are high for the upcoming RM Sotheby’s Ferrari auction. The event will take place in Maranello from September 8 to 10, 2017. Judging by how the auction is being advertised as carrying the “most valuable and sought-after Ferraris on the planet,” you can expect a lot of money being thrown around.

Continue after the jump to read the full story.

Read more
Did Trump's Name and Previous Ownership Condemn this Ferrari F430?

Did Trump’s Name and Previous Ownership Condemn this Ferrari F430?

Turns out, the beautiful car and his distinctive signature just wasn’t enough

Back in 2007, Donald Trump spent a little bit of cheddar on himself and purchased a 2007 Ferrari F430 F1 Coupe. You’ve got to hand it to the man for having good taste, and it could be the only president-owned Ferrari in existence, but when it rolled across the auction block this weekend, it failed to sell, falling $10,000 short of the $250,000 reserve.

All told, it’s a fine example. It’s got that 4.3-liter V-8 with 490 horsepower and 343 pound-feet of torque. It was purchased brand new by Donald Trump, as shown by the original title that has his signature. With just 6,000 miles on the clock and a history of being service by Ferrari-Maserati of Long Island, everything seems as kosher as possible, right? Well, despite the car’s history, being cared for properly, and coming with not only the original title and window sticker, it still rolled off the auction block unsold. Does it prove that even car enthusiasts and collectors hate our newest POTUS?

Maybe not…

See, it rolled off the block unsold, but hours later, it was sold in a private sale for $270,000, as reported by Auctions America. There aren’t any details available at this point outside of that, but it looks like it did find a new home at the last minute.

Keep reading for the rest of the story

Read more