Tuesday, January 17, 2012

Updated Scottsdale 2012: Lee Iacocca's Ferrari F40

This one slipped under my radar until it was pointed out on another blog that the 1991 Ferrari F40 Berlinetta being offered for sale at the RM Auctions sale this weekend was originally owned by none other than Lee Iacooca. This car when it was new was one of my poster cars along with the Lamborghini Countach in my bedroom. And it is still considered the ultimate by many car enthusiasts. This car has three owners, the first of which being Lee Iacocca, father of the Mustang and the K-car. And since 1991 has only covered 300 miles, making this car probably the lowest mile F40s in existence. The F40 was conceived by Enzo Ferrari to commemorate the company's 40th anniversary building cars and was the last car Enzo oversaw to completion. Powered by a twin turbo, 3 liter V8 with 471 horse power was unheard of at the time from a factory built car. 0-60 was 3.9 seconds and could reach 140 miles per hour in under 14 seconds. only 400 examples were ever produced with fewer ending up on American shores. 1991 was the last model year for the F40, and with the mileage and ownership lineage, makes this one special car. It has also never been registered or titled. That's right, this car is still on the Ferrari MSO. This car keeps getting better and better. RM estimates the value between $650 and $750,000 dollars. We'll be following this one for sure.

Update: This car sold for $710,000. 

Source & Photos: RM Auctions