What Does a Ferrari F40 Cost? Despite the fact that only 400 units were supposed to be constructed, 1,311 Ferrari F40 vehicles were actually made, 213 of which were shipped to the US.
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F40 Ferrari
The Ferrari F40 (tipo F120) is a mid-engine, rear-wheel-drive sports car with Pininfarina’s style. It was created by Nicola Materazzi. The LM and GTE race vehicle models remained in production until 1994 and 1996, respectively, throughout its construction from 1987 to 1992. It served as the 288 GTO’s successor and was the final Ferrari vehicle that Enzo Ferrari personally approved. The 288 GTO was also engineered by Materazzi and created to commemorate Ferrari’s 40th anniversary. It was Ferrari’s fastest, most potent, and most expensive vehicle available for purchase at the time.
In 1987, the automobile had a factory suggested retail price of about US$400,000 (five times the price of its predecessor, the 288 GTO), or $950,000 in today’s dollars, with a planned production run of 400 cars. One of them, which belonged to Formula One driver Nigel Mansell, was sold in 1990 for the then-record sum of PS1 million; this record remained in effect until the 2010s. A total of 1,315 automobiles were produced, 213 of which were for export to the US.
The royal family owns how many Ferrari F40 supercars, exactly?
It is difficult to estimate the actual number of Ferrari F40 models that exist given the ownership situation of these vehicles. But Garella has informed us of at least 11 confirmed automobiles. Ferrari produced all F40 cars with the same specifications, including left-hand drive, red cloth seats, and Rosso Corsa exterior paint, claims Car Throttle. The royal family, according to Car Throttle, chose to customize their vehicles. They ended up working at Pininfarina alongside Garella as a result.
Nine of these eleven vehicles were regular Ferrari F40 versions. But two of them were the LM model with racing inspiration. Garella claims that at least seven of the standard vehicles were converted to right-hand drive. Significant upgrades to these vehicles were leather seats, air conditioning, and better stereo systems. The interiors of the final two left-hand-drive basic F40 cars were updated.
Only one of the two Ferrari F40 LM cars underwent customization, getting a black exterior and a single red stripe. These cars all had unique exterior finishes in addition to these internal alterations. These include, among others, red, yellow, gray, black, and green.
This Weekend, Bonhams Sold a Super-Rare Ferrari F40 Berlinetta for $2.1 Million.
To commemorate Enzo Ferrari’s 40th year as an automaker, the Ferrari F40 Berlinetta was unveiled in 1988. The Ferrari was a significant accomplishment for the firm and was regarded as the “ultimate supercar.” The F40 was manufactured by Ferrari in a limited quantity (1,315), making it even rarer than usual. What made this specific supercar so uncommon? The data is available at Bonhams.
Pricing and Production Data
Enthusiasts rejoiced when it was revealed that Ferrari would produce a street-legal race-car inspired supercar for their 40th anniversary. Ferrari only intended to produce 400 copies of the F40 overall. Even though Enzo intended the F40 to only be a street-production car, the FIA still demanded that 200 production cars be made in the case that the F40 participated in any Group B racing competitions.
Ferrari stated that no more than 400-450 units of the automobile would ever be made by the time official production of the car began.
The Ferrari F40 made its debut in 1987 with a suggested retail price of roughly $400,000.00 (roughly $862,000 at the time of this article’s publication after accounting for inflation). While this price may have seemed high to most consumers, the actual demand for the car was so high that it sold for significantly more than the suggested MSRP, with alleged sales numbers as high as $1.6 million dollars.
Over the course of the car’s manufacture, Ferrari built 1,311 units (some sources state 1,315) of the F40 in their Maranello plant, entirely as a result of the vehicle’s exceptional popularity.
The Ferrari F40’s concept dates back to 1984.
After the unexpected end of Group B racing in 1987, Ferrari created the F40 for usage on public roads even though it was originally intended to compete against the Porsche 959 in the FIA Group B. The F40 shape was created by Pininfarina with a lower frontal area, which reduces drag and lift. To showcase the twin-turbo V8, they also created a Lexan rear window/engine cover.
Although only 400 Ferrari F40 supercars were intended to be produced, 1,311 of the vehicles ended up being produced. Only 213 of them arrived in the United States. The Ferrari F40 attracted more interest as news got out about what a powerful machine it was. But only the wealthy could afford to buy one since the cost was so high.
The Ferrari F40 was available in 1987 at a starting price of $399,150. The cost included a trip to the Ferrari headquarters in Maranello, Italy, where drivers could take driving lessons. Rosso Corsa, Ferrari’s distinctive hue of red, was used to finish every single F40. Some clients did opt to paint theirs a different color, like black or yellow, though. The F50, the successor to the F40, was offered in additional colors in an effort to lessen the number of Ferraris with non-factory color schemes.
Bodywork on the F40 was quite thin. Although the car’s appearance was amazing, its performance and speed really made it stand out from the throng. The double-wishbone design of the GTO was comparable to the suspension setup of the Ferrari F40. On the other hand, the majority of the settings were changed and a sizable percentage of the original suspension hardware was modified.
Ferrari built the suspension to be able to raise the car’s ground clearance if necessary, despite the F40’s ground clearance being intentionally low. An electrically controlled suspension system allowed for the changing of the ground clearance.
How do I choose a Ferrari F40?
There are many automobiles to chose from because more than 1315 F40s were produced overall. There were a few alterations made during the five-year manufacturing, but in general you will buy based on condition and miles rather than age or options.
If you’re seeking for a truly unique example, Ferrari Classiche certification is fantastic. The Plexiglas sliding windows on the first 50 or so automobiles make them easy to identify, and the absence of catalytic converters in pre-1991 models makes them desirable as well.
Although later versions also have adjustable suspension, the fixed automobiles are the most in demand. The US-spec automobiles have a few small differences. Although all F40s were initially painted red, several of them have since received new paint jobs.
It’s also important to remember that the F40 was initially only offered in left-hand drive configuration, despite the fact that seven right-hand drive versions were built for the Sultan of Brunei. Although the F40 wasn’t created with racing in mind, the factory did make a small number of race-ready LM cars.
There were how many Ferrari F40 Competizione produced?
Although the F40 LM demonstrated beyond a shadow of a doubt that it was a capable competitor on the racetrack, Ferrari believed that the Le Mans tag was too restricting, and therefore decided to rename the Ferrari F40 LM to the Ferrari F40 Competizione in keeping with Ferrari’s racing legacy.
The Ferrari F40 LM/Competizione would become a popular alternative for privateers to compete in a number of domestic GT racing events, despite the fact that it would not return to IMSA for the upcoming racing season. Ironically, it wasn’t until 1994 that the Italian supercar competed in international racing. A single F40 Competizione took part in the BPR Global GT Series and took first place at the 4 Hours of Vallelunga.
Four F40 race cars in all were entered for the 1995 racing season. Pilot-Aldix Racing and Strandell independently developed these vehicles, which only had success in the 4 Hours of Anderstorp that year. Although a fierce competitor in its day, the F40’s future on the racetrack was left up in the air due to the dominance of newer, quicker race cars like the McLaren F1 GTR at the time.
Despite making a second appearance for the 1996 racing season and winning the 4 Hours of Anderstorp race, the Ferrari F40 never again dominated the circuit and was eliminated from competition later that year.
The Ferrari F40 LM/Competizione race cars were only produced in a total of 19 units between 1989 and 1994, making it one of the most sought-after supercars ever. A 1994 Ferrari F40 LM crossed the auction block at Sotheby’s in Monterey in August 2015 and fetched an astounding $3.3 million.
Why are Ferrari F40s so uncommon?
Evidently, customers agreed. A buying frenzy was sparked by both the flourishing economy and the supposed impending death of the iconic Enzo Ferrari. By the time the F40 was discontinued in 1992, the original planned production run of 400 units had exploded to 1,315 units.
The company’s decision to not cap the amount of units sold infuriated investors who had participated in the frenzy of buying. With so many excess cars on hand, they found it challenging to double the car’s $400,000 list price. Ferrari recognized its error and continued to impose rigorous manufacturing restrictions on subsequent models.
Even though there are over a thousand of these amazing cars on the road, prices are still rising. If an F40 is your ideal vehicle, as it is for many others, you will have to fork out a sizable sum of money to obtain one.
What is a Ferrari F40 now worth?
Beware, though: all that functionality, good looks, and iconic status come at a price. The F40 was listed at little under $400,000 when it was brand-new in 1988. A 1991 article in Automobile and Driver stated that the car would cost around $700,000 at the time, which was “a bargain from’s high price of $900,000.”
But as of right now, the costs have increased. The F40 isn’t the priciest Ferrari available, but purchasers could expect to pay well over $1,000,000 for one. One is available through Hemmings for $1.6M. Three are currently on the market, with one going for $1.55 million, one with a low mileage (3,294 miles) going for almost $2 million, and a 1990 model going for a pittance of $1.35 million. Despite the fact that these cars aren’t inexpensive, you will definitely receive your money’s worth.
What’s the market value of a 1991 Ferrari F40?
When a wonderfully kept 1991 Ferrari F40 goes up for auction on March 4 at Gooding & Company’s Amelia Island sales event, it’s anticipated to fetch between $2.4 million and $2.8 million.
This is one of 213 U.S.-specification variants made for the 1,350 F40s that were produced. It was brand-new when it was presented to Harold W. Sherrill of Hickory, North Carolina, in September 1991. It is completed in Ferrari’s signature color, Rosso Corsa.
Sherrill obviously cherished the vehicle, and he owned it until August 2013 when he sold it to New Hampshire resident Michael Grondahl for $3,631 with 5,843 kilometers on the odometer. Shortly after purchasing the vehicle, Grondahl had all the fluids changed, new timing belts and tensioners installed, the cam covers polished, and modern front and rear lower-suspension mounting forks installed at a nearby Ferrari store. At the time, the supercar was also certified as a Ferrari Classiche.
When the current seller acquired the vehicle in March 2018, another significant service was carried out. With 3,779 miles (6,081 km) on it, the F40 will now be auctioned off together with all of its original books, tools, covers, window sticker, paperwork, and Ferrari Classiche Red Book.
It is hardly surprising that the automobile is displayed in superb condition both inside and out given its low mileage. Speaking of the cabin, it is particularly unique because the carbon fiber-backed bucket seats are covered in Stofa Vigogna cloth.
Recall that the F40’s engine produces 478 horsepower at 7,000 rpm from a 2.9-liter twin-turbocharged V8 with Weber-Marelli electronic fuel injection. The engine is mated to a five-speed manual transmission that drives the rear wheels. While used F40s were regularly selling for between $1 million and $1.5 million in 2019, their values have increased over the last few years, similar to other performance vehicles. One F40 sold for $2,892,500 in August of last year, while another brought in $2,750,000 in January.