Cars & Aviation

Ferrari F40 Sells for Record $1.2 Million at Auction

Ferrari F40 Sells for Record $1.2 Million at Auction
Ferrari F40 Sells for Record $1.2 Million at Auction

A 1992 Ferrari F40 has sold at auction for $1.2 million – the highest ever price paid for an F40 at an auction, it is claimed.

One of the last privately owned, single owner examples of the F40 in the world, the car went under the hammer at an auction at the Nürburgring in Germany. It has been in the hands of an Italian family since it rolled off the line in 1992.

First introduced in 1987 to honour Ferrari’s 40th anniversary, the mid-engined F40 is considered one of the Italian marquee’s ‘Special Series’ models and sits in the series between the 288 GTO and F50.

The car was constructed for just a few years and during its heyday was the fastest, most powerful, and most expensive road car from Ferrari. A total of 1,315 examples were built and most are thought to be still in existence.

Other noteworthy results at the auction included a 1937 BMW 328 Roadster, which was sold for $616,250, a 2000 Ford GT that went for $248,915, and another record price of $158,990 for a 1971 Lamborghini Espada.

Ferrari was founded by Enzo Ferrari in 1929.