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.
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What is a Ferrari F40 now worth?
2020: The Ferrari F40’s most recent sales in 2020 and 2019 ranged between $700,000 and $900,000. 2022: A Ferrari F40 is currently selling for well over $1 million once again.
What was the price of a Ferrari F40 in 1992?
The F40 was not just the final road-going Ferrari produced while il Commendatore was still alive; it also bears the moniker in honor of the brand’s 40th anniversary. The F40 used a development of the GTO’s chassis and double-wishbone suspension and shared its 96-inch wheelbase. It was created as the supercar’s successor to the 288 GTO. In order to reduce weight, a Pininfarina-designed lightweight composite and aluminum body with broadened fenders inspired by IMSA competition and a minimalist interior were introduced to the public in 1987. A 2.9-liter twin turbo V-8 engine with 478 horsepower and a top speed of little over 200 mph powered the vehicle. This engine was another descendant of the 288 GTO.
Between 1987 and 1992, Ferrari produced 1,315 units, with about 211 of those vehicles being sold in the United States beginning in early 1990. By the time the F40 arrived on American soil, European journalists had already expended a lot of ink describing what a phenomenal performance the car was, with some new owners paying nearly three times the estimated $400,000 list price. U.S. vehicles had altered fuel tanks and seats, sturdier front and rear bodywork to fulfill crash requirements, and an altered engine tune that, despite the addition of U.S.-required emissions equipment, purportedly provided greater power than the euro vehicle.
Anti-lock brakes weren’t even on the Ferrari F40’s specification list, making it the epitome of a car with a single-minded, mission-focused mindset that turned out to be the last of its kind. Because of this, the car’s depreciation curve didn’t last very long, and today’s collectors will pay any amount to acquire one of these amazing vehicles.
In 2022, how much will a Ferrari F40 be worth?
The F40 is without a doubt a supercar with tremendous provenance given the brand’s extensive racing history and the fact that it was the final Ferrari to get the legendary designer’s approval. The F40 was originally valued at roughly $400,000; today, good examples can be bought for five to six times that amount, and some even go for more. The listing price for Gooding & Company is anticipated to range from $2.75 million to $3.25 million. The bid amount and additional lot information, however, will appear closer to the auction’s date. For updates, visit the Gooding & Company website.
This F40 is certified by Ferrari Classiche and has only 1,800 kilometers on it (pictured above). The F40, which has been meticulously maintained, won multiple awards when it was on display at the 2021 Ferrari Club of America Annual Experience. It received recognition for Outstanding Supercar, Coppa GT, Coppa Bella Macchina, and the 100-Point Platinum Award. The F40 was the Ferrari halo car that was made the most (1,315 units globally), and 77 of those units found their way to the United States.
Which Ferrari F40 is the least expensive?
The Ferrari F40, which was unveiled in 1987 to commemorate Ferrari’s 40th anniversary and serve as a replacement, was designed by Pininfarina.
The Ferrari F40, which was unveiled in 1987 as part of Ferrari’s 40th anniversary celebrations and served as the 288 GTO’s replacement, was designed by Pininfarina. The F40 was one of the most driver-focused vehicles of its day, lacking a radio, carpet, or inner door panels, and having a plastic windshield. The body was made of a mix of aluminum, carbon fiber, and Kevlar. Double-wishbone suspension was used initially, and later, hydraulic ride-height adjustment was added to cars. The 2.9L twin-turbocharged V8 engine that powers the F40 is longitudinally positioned in the middle of the vehicle’s rear end and sends power to the wheels via a five-speed manual transmission. The car had 471 horsepower and could accelerate from 0 to 62 mph in under 4.7 seconds. The F40 was also a turning point for Ferrari because it is regarded as the final example of the “Enzo Era” models because it was his final authorized vehicle before his passing. Only 1315 units were produced, and Ferrari followed it with the F50 when production ceased in 1992.
A 1990 Ferrari F40 sold for $3,965,000 on August 19th, 2022, was the highest selling ever.
A 1992 Ferrari F40 sold for $1,017,000 on March 8, 2019, according to records.
The Ferrari F40 is uncommon.
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.
A Ferrari F40: Is it a supercar?
The Ferrari F40 LM demonstrated beyond a shadow of a doubt that it was a competitive racer, but Ferrari believed the Le Mans moniker was too limited and instead chose to rename the Ferrari F40 LM. The F40 LM became known as the Ferrari F40 Competizione in keeping with Ferrari’s racing heritage.
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.
How quickly can a Ferrari F40 travel?
A French importer’s request to enter one of the F40 LMs in the 24 Hours of Le Mans led to the creation of the F40 Competizione, a non-sponsored, more potent variant of the original model. The first two of the ten examples, known as F40 LM’s, and the other eight, known as F40 Competizione, were all created at the request of the buyer since Ferrari thought the LM label was too limiting.
The F40 Competizione’s improved twin-turbo V8 engine produces 700 PS, or 691 horsepower (515 kW), at 8,100 rpm. According to reports, the vehicle’s top speed is around 367 km/h (228 mph).
The official Ferrari importer, Kroymans BV, initially bought chassis number 80782 as a road car and brought it to the Netherlands in 1989. With new shock absorbers, instruments, brakes, bodywork, and paint, Peter van Erp of Cavallino Tuning, Kroymans’ racing subsidiary, worked to transform it into “Competizione” specification. The car was continuously raced in the Ferrari Challenge, and in 1995, changes were made to keep the car competitive. Air jacks, an improved roll hoop, and improvements to the engine that increased its power output to almost 700 horsepower were among the modifications done by the British tuning company G-Tex in cooperation with Michelotto (710 PS; 522 kW). The automobile underwent a cosmetic makeover, consisting of a repaint in Grigio Nardo and blue fabric seats, after being sold to its most recent owner.
Was the Ferrari F40 always red?
Ferrari only offered the renowned F40 in Rosso Corsa, but a few owners had their cars painted in a different shade to suit their tastes. The 1992 vehicle shown above is a compelling case for a non-red F40 because it was at some time repainted in this light blue hue at the Ferrari factory. This automobile can be yours to keep if you prefer it to a conventional red F40 and have $1.26 million to spare.
With only 10,500 miles on the odometer, this F40 is being offered for sale on eBay by renowned UK dealer Joe Macari Performance Cars. This car’s unusual blue color is complemented by an Italian tri-color stripe with a grey border that runs up the middle of the vehicle. Except for the aftermarket three-piece wheels, everything else appears to be stock based on the images and description.
Although the wheels would make a Ferrari purist cringe, the light blue color works really nicely with the F40. I still believe that a red F40 would be preferable to this blue one, but I can appreciate its quirky appeal. It’s probably one of the few blue F40s that are still around.
The Ferrari F40 is street legal, right?
You’re not the only person who has ever yearned for a Ferrari F40. You’re exactly the proper type of crazy if you’ve ever desired an even more extreme racing version of the F40 that is still allowed for street use. It is now possible.
This 1992 Ferrari F40 is the ideal blend of street and track, with carbon fiber front and rear body shells that are LM-spec, as well as distinctive doors, aerodynamic components, an improved engine, and other LM-esque modifications.
Naturally, the price is $1.25 million. But in comparison to, say, a Manhattan apartment the size of a very large shoe box, that’s a reasonable bargain.
This F40 is igniting the enthusiast world on fire with debate about whether it’s a wonderful upgrade or a heretical farce. It was listed on Hemmings, shared by Bring A Trailer, and discovered via Jalopnik’s Car Buying sub-blog.
All you have to do to win the battle if you’re on the wonderful upgrading side is blow up your money account. If you believe that the loss of a rare supercar is awful, you might wish to set it ablaze.