Goodings pegged the hammer price for their low-mileage Ferrari F40 at $2.75m to $3.25m. More than a few of my colleagues considered the estimate optimistic. Their thinking: the Ferrari F50 is a more desirable car. What’s more (literally) . . .
A sterling example of Ferrari’s carbon fiber-tubbed mid-engined mad machine F50 recently sold for $5m ($4.7m before fees). Surely the F40 wouldn’t come within a million dollars of its newer, more capable and rarer successor! Don’t call me Shirley . . .
“The F50 is raw, but the F40 is demented,” my prediction observed on the 17th. I said the F40 would go to a new home for an amount that started and ended in the threes: $3.1m to $3.3m. Goodings hammered it sold at $3.6m. Add the fees and voila! It’s almost exactly a million dollars off the price of an F50.
“Could the F40 overtake the F50 pricewise? Will a low-mileage F40 someday crest the $10m mark?” I asked. I’m thinking the answer is yes. We’ll have a clearer picture when a 1992 Ferrari F40 goes up for bid at RM Sotheby’s later tonight. RM estimates $2.5m – $2.9m.
