A 1992 F40 has sold for an incredible €1.12 million (approximately $1.23 million) at the Coys 43rd Oldtimer Grand Prix auction held at Nürburgring over the weekend. The highest price ever paid on record for an F40 at auction, the sale indicates the rising value of the renowned supercar.
First introduced in 1987 to honour Ferrari’s 40th anniversary, the 471bhp twin-turbocharged V8 was the final car commissioned by the legendary company founder, Enzo Ferrari.
Perhaps one of the less rare Ferrari models, a total of 1,315 examples were built and astoundingly, it was only in 2012 that you could find an F40 on eBay Motors with a “Buy It Now” price of less than $600k.
Considered one of the company’s ‘Special Series’ models and famed, during it’s prime as the fastest, most powerful, and most exclusive road car from Ferrari, the F40 is still one of the best investment cars today. The rapid change in its worth also goes to show the unprecedented acceleration of the classic car market.
Owned by an Italian family since its release, this F40 was one of the last privately owned, single owner examples in the world and was sold for the record price to an unnamed buyer in Germany.
You can find out more about the Ferrari F40 and the full range of Ferrari models on offer by contacting Lancaster Ferrari in Colchester. Our experts are on hand to answer any of your questions and can also arrange a test drive for you.