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Big Five (Ferrari 288 GTO, F40, F50, Enzo, LaFerrari)

Except otherwise stated, all results include the premium.
​See also : Cars 1970s 1980s  Supercars  Hypercars 
Chronology : 2017

1985 288 GTO
​2022 SOLD for $ 4.4M by RM Sotheby's

FIA regulations have been continuously modified in search of an impossible compromise between performance and risk. In 1982, the Group B restarts an earlier idea of ​​competing cars designed over commercial units of Grand Touring category.

The rules in Group B request that 200 commercial cars are produced. Manufacturers can make design adjustments for race that are referred as Evolution.

Ferrari is interested but reminds the difficulties of homologation twenty years earlier for the 250 GTO and the 250 LM. No risk is taken against the Group B requirements. The introduction of the new model 288 begins in 1984 by the 200 road cars. To assess that their brand is the good guy, the new car is identified by Ferrari as GTO (Omologato).

The 288 GTO is a significant development, with a bodywork inspired by the 308 GTB and modernized by Pininfarina and a 2.8 liter V-8 engine. It is lightweight, powerful and fast. Its top speed is 300 km/h with 100 km/h reached in about 5 seconds. Customers are appealed and the production is increased to 272.

A 1985 Ferrari 288 GTO with 15,000 km from new was sold for $ 4.4M by RM Sotheby's on August, 20, 2022, lot 334. It had been factory optioned with air conditioning.

​A 288 GTO supplied new in 1985 to the USA was sold for $ 4M by RM Sotheby's on March 4, 2023, 
lot 182. This well preserved example with less than 8,000 km from new has its engine in matching numbers. It is accompanied by its original tool kit and by documentation and books. It is factory equipped with air conditioning and power windows.

A 288 GTO made in 1985 was sold for $ 3.9M by 
Broad Arrow on August 17, 2023, lot 121. With about 9,000 km from new, this car has been carefully serviced. It keeps its engine, transmission, chassis, body panels, and other mechanical components in matching numbers and is presented in its factory correct rosso corsa livery over pelle nera interior with red fabric seat inserts. It has the optional air conditioning and power-electric windows and is accompanied by its spare, jack, tools, and owner's manuals in their proper folio.
​
A car which had been in 1985 the first 288 GTO officially exported to Japan was sold for $ 2.6M by RM Sotheby's on March 12, 2016, lot 148.

Everything is well excepted that the FIA ​​terminates the Group B in 1986 after two fatal accidents. Launched in 5 units, the 288 GTO Evolution was not ready. None will compete. Two of these Evoluzione are modified to be used as prototypes for the F40. Unused in its original application, the 288 GTO has the great merit of opening the two decades of commercial success of the Ferrari supercars : F40, F50, Enzo and LaFerrari.

​1987-(1995) F40 (LM by Michelotto)
​2019 SOLD for € 4.8M by RM Sotheby's

The first Ferrari supercar was the 288 GTO. This technological marvel was a big disappointment for the brand : ready just when the Group B was canceled for security reasons in 1986, it could never be used in competition.

Ferrari is radically changing its strategy. The F40, the ultimate model that has been approved by Enzo Ferrari, is a road going car based on the 288 GTO. Its performances are similar to a race car : top speed at 200 mph, 60 mph after 3.9 seconds, 100 mph after 8 seconds.

The commercial success of the F40 is considerable despite a very high price. 1,311 F40 are produced in total from 1987 to 1992. The GT competition does not interest Ferrari any more and customers regret the absence of a racing version of the F40. With the agreement of Ferrari, 18 F40 LM are prepared by Michelotto, a Padua company that had a similar successful experience with the 365 GTB/4 Daytona.

The F40 LM is significantly modified from the basic F40. The chassis is reinforced, the body is more aggressive and several major equipment are modified. Lighter and more powerful, it reaches 229 mph, and 60 mph after 3 seconds.

The 18th and final F40 LM of the regular series, completed in 1993 and titled 1994, was sold for $ 3.3M by RM Sotheby's in August 2015, a remarkable price for a car that had never been used in competition .

The third F40 prototype built in 1987 entered the market in 1992. Its first private owner had it upgraded in LM configuration by Michelotto. Its next owner returned it to Michelotto in 1995 to make it benefit from other improvements introduced by this manufacturer in 1994 under the reference F40 GTE. The car finished 12th overall and 2nd GT at Le Mans in 1995.

That 19th F40 LM by Michelotto was sold for € 4.8M by RM Sotheby's on February 6, 2019, lot 126. The photo shared by Wikimedia was made at the Goodwood Festival of Speed ​​in 2007.
Goodwood2007-025 Ferrari F40 LM (1995)
Cars 1970s 1980s

F50
​Intro

Ferrari went under control of Fiat at the passing of Enzo Ferrari in 1988. The production of the F40, which met a great commercial success in succession of the 288 GTO, is terminated in 1992. The new F130 project to focus all the technological advances of the brand on a single model is not ready.

The F40 was named after the 40th year of the Ferrari brand in 1987. The car from the F130 project will be the F50 but the competition is too fierce and Ferrari can not wait for its 50th year. The new model is launched in 1995.

The market has changed. Customers of the supercars desire to own vehicles of high prestige while ignoring fuel waste and speed limits thanks to a reduced mileage use. Ferrari understands that the F50 will not reach the performance of the McLaren and strictly limits its production to 349 units, compared with the 1,315 units of the F40. The project of a F50 GT for the race is abandoned without comment.

The F50 is combining a lightweight carbon fiber monocoque chassis, a
 naturally aspirated 4.7 liter V-12 engine inspired from the 641 Formula 1 car and the two seater 333 SP, a six-speed manual gearbox, a body designed with wind tunnel testing by Pininfarina, a minimal cockpit inspired by Formula 1 and a removable hardtop. The top speed is 325 Km/h with 100 Km/h reached in 3.6 seconds.

That mechanical achievement is indeed a major link between the F40 and the Enzo and current collectors welcome it. In January 2016 Gooding sold the Shooshani collection. The 1995 F50 fetched $ 2.4M compared with $ 1.53M for the F40 and $ 2.86M for the Enzo.

1
1995
2022 SOLD for $ 5.4M by RM Sotheby's

Made in 1995 and delivered to a Ferrari distributor in Singapore, the eighth F50 built was sold for $ 5.4M by RM Sotheby's on December 10, 2022, lot 131.

​Unused and kept pristine by its first owner for 18 years, it has now 1,000 km from new.

2
​1995
2023 SOLD for $ 5.1M by RM Sotheby's

An F50 made in 1995 has been kept in matching numbers for engine and gearbox. With only 1,340 km from new, it has been maintained by a single Hong Kong owner from 1995 to 2022. It was sold for $ 5.1M by RM Sotheby's on March 4, 2023, lot 160. It is still accompanied by its cases and bags for tops and luggage and by its manuals and tools.

Made in 1995, the 30th F50 spent nearly all its life with Japanese owners in Japan. With less than 11,500 km from new, it keeps its engine in matching numbers and is accompanied by tools, luggage, hard top, tonneau cover, and flight case. It was sold for $ 4.2M by Broad Arrow on August 17, 2023, lot 149.

3
1996
​2022 SOLD for $ 4.6M by Gooding

An F50 completed in 1996 in the US configuration and titled 1995 was sold for $ 4.6M by Gooding on August 19, 2022, lot 50. 

​This car offered with hardtop and original documentation was used by Mike Tyson 
at the height of his professional career.

4
​1996
​2022 SOLD for € 4.2M by Artcurial

​On March 18, 2022, Artcurial sold an F50 from 1996 for € 4.2M, lot 162.

2005 Enzo presented to Pope John Paul II
2015 SOLD for $ 6M by RM Sotheby's

Released in 1993, the Ferrari F50 did not reach the success of its predecessor the F40. The scheduled figure of 349 cars will not be increased. On March 18, 2022, Artcurial sold an F50 from 1996 for € 4.2M, lot 162.

Ten years later the Enzo starts better. The marketing was similar, with 349 cars sold before the production to customers selected by the brand, but the requests from non-selected users made it increase to 399. All these cars were made in 2003. The very expensive sale ticket was about $ 650,000.

Its designation is a tribute to the late founder of the brand at a time when Ferrari had a spectacular success in Formula 1 with Michael Schumacher as the lead driver.

Taking benefit of some Formula One  lightweight technologies, the Enzo could reach 
100 km/h in about 3.5 seconds and 200km/h in 9.5 seconds, plus a top speed at 350 km/h. Some fans of previous models objected against its rude shape designed by the Pininfarina workshop for improving the aerodynamics and the driving experience.

Its 6 liter engine is a come back to a naturally aspirated Ferrari V-12, after 
the turbocharged V-8 of the 288 GTO and F40 and the 65° motor of the F50.

Less than 20 Enzo were released in non standard colors, a privilege reserved for Ferrari's most valued clients.

An Enzo with about 17,500 km from new was sold for € 4.05M by RM Sotheby's on February 1, 2023, lot 146. It has from new a rare color combination of nero over pelle nera interior.

An Enzo was sold for $ 3.36M by RM Sotheby's on August 14, 2021
, lot 316. Its rare nero finish had long been covered by a protective film. Originally owned by casino mogul Steve Wynn, it had been used in a paid admission display at Las Vegas.

Only one was finished in bianco avus. Completed in 2003 and originally owned by a wealthy Swiss client, it spent much of its early time in display on loan in the showroom of its dealer. Fully certified via Maranello’s Ferrari Classiche program, this white car with a nero leather interior is complete with full matching-numbers status, with about 9,600 km from new. It was sold by RM Sotheby's on June 30, 2022 in a single lot private auction.

An Enzo is one of six finished in Grigio Titanio. With 4,400 km from new, it was sold for $ 4.1M by Gooding on August 19, 2022, lot 42. This car had a full certification by Ferrari Classiche in 2013 and was converted to US specification in 2019.

​The figure of 399 units was undeniably an invite to round it in a prestige operation. The 400th Enzo was made in 2005 for being presented to Pope John Paul II. The Pope did not accept the car but desired that its proceeds are donated to the victims of a Southeast Asian tsunami. The final Enzo was sold at auction by Sotheby's for $ 1.27M on June 28, 2005 and the instructions of the then deceased Pope were executed by his successor.


Still with less than 200 km from new, the car was sold for $ 6M by RM Sotheby's on August 13, 2015, lot 103.

For later similar prestige operations, Ferrari preferred selecting the charities and going directly at auction. The final LaFerrari coupe was sold for $ 7M in 2016 for the reconstruction after the Italian earthquakes and the still unassembled final LaFerrari Aperta for € 8.3M in 2017 for the benefit of Save the Children charity. Both sales were managed jointly by RM Sotheby's and Ferrari without adding a buyer's premium.
Supercars

LaFerrari Coupe
​Intro

The planet turns green. The FIA ​​cannot ignore this trend and announces for 2009 the authorization of the KERS in Formula 1. McLaren and Ferrari are getting some early success.

The KERS is a system transforming the braking energy into kinetic energy, avoiding a creation of overheating. The engines are designated as hybrids due to the addition of this electrical device to the conventional internal combustion engine, for the first time in the history of competition.

A total synergy still applies at Ferrari between the technologies from Formula One and those of the sports models. The experience of the F60 leads the brand to design the LaFerrari, a berlinetta which is irreversibly changing the high-end car market.

The performances in speed and acceleration of the LaFerrari are comparable to those of the Enzo. With a quarter-mile in less than 10 seconds, it overcomes the Porsche 918 and the Bugatti Veyron. All automakers will necessarily one day adopt the hybrid technologies. The race to the performance is started and no one can really predict how far it will go.

The race to auction is also launched. The production of the LaFerrari was strictly limited to 499 cars, built from 2013 to January 2016. The frustration of the rejected candidates whose number is around 200 and of the latecomers is already blowing up the prices.

​1
​2014
​2016 SOLD for $ 4.7M before fees

Unveiled in 2013 at the Auto Show in Geneva, the LaFerrari brings Ferrari's return to the top level of road legal berlinettas, a position that had been shaken in the previous years by the successive variants of the Bugatti Veyron.

The LaFerrari has a top speed of 350 Km/h comparable to the Ferrari Enzo and is less rare. 400 Enzo were produced from 2002 to 2004 and 499 LaFerrari from 2013 to 2015. It is indeed the pioneer of the hybrid propulsion for high-end vehicles beside the McLaren P1 and the Porsche 918 Spyder.

Its carefully chosen name indicates to the fans that LaFerrari is a culmination of the brand. It is however only a step. New bodies are being studied. The LaFerrari Aperta with a retractable roof will be officially unveiled this fall at the Paris Auto Show. The FXX-K variant for the track is existing since 2015.

The LaFerrari shared with most of its competitors its marketing strategy as a limited edition sold in advance of the realization, stirring in the secondary market the lust of the candidates who had arrived too late. The availability of such vehicles becomes a highly anticipated event and prices are now far exceeding the original commercial value.

​A LaFerrari made in 2014 was sold for $ 3.7M by Bonhams on August 19, 2016
, lot 95.  It was still under factory warranty. It was the first time a LaFerrari was offered at public auction. It was followed the next day by the example below.

On August 20, 2016 Mecum sold for $ 4.7M before fees from a lower estimate of $ 3.9M a LaFerrari made in 2014, lot S110. Entirely black including its interior, it is one of only three LaFerrari painted in a very intense Nero Opaco. Its first owner named it Cavallo Infernale in a metal label at the base of the steering wheel. It is almost new : 340 Km on the odometer.

​A 
LaFerrari unique in its spectacular blu elettrico finish over crema leather was sold for $ 4.1M by RM Sotheby's on January 26, 2023, lot 141. It is now 5,100 km from new. It had been delivered new in 2014 to an outstanding Ferrari collector who brought to auction a 250 GTO for $ 48M at RM Sotheby's in 2018.

2
​2016 the final LaFerrari Coupe
​2016 SOLD for $ 7M by RM Sotheby's

By setting the number of LaFerrari coupés at 499, Ferrari obviously anticipated a promotional action. The commercial production was performed from 2013 to 2015 and the 500th LaFerrari was announced in 2016.

2016 was a terrible year for Italy. The 500th coupé is the subject of a dedicated charity auction at Ferrari's initiative to help the Italian state to reconstruct the areas ravaged by the earthquakes. Its first owner will be the only one to enjoy a brand new LaFerrari without having been registered on the list of clients allowed by Ferrari before they launched the production.

The sale was managed by RM Sotheby's on December 3 in Daytona. Here is the link to the press release. The car was sold for $ 7M.

​2017 the final LaFerrari Aperta
​2017 SOLD for € 8.3M by RM Sotheby's

The LaFerrari Aperta was described as the culmination of the first 70 years of the Ferrari brand, combining in a road car the technological developments of the Formula 1 and of the hybrid propulsion not without a wink to the loyal customers of the Corse Clienti department.

This Aperta was the highly anticipated sequel to the LaFerrari coupe. Revealed in 2016 simultaneously with the end of production of the coupe, the Aperta with its open or convertible body was built in 2017 in 209 units, 9 for Ferrari's use in the celebrations of the year and 200 sold in advance by invitation according to the now usual process for the hypercars.

The first and last cars in a series are specifically observed by specialists. The first may be closest to the prototype. The last benefits from all the improvements developed during the production phase. The final car of the higher-end Ferrari models is now the subject of a specific charity operation.

The 400th Enzo was presented by Ferrari in January 2005 to Pope John Paul II who immediately entrusted its sale to RM Auctions to help the victims of the tsunami in Southeast Asia. It was sold by its next owner with 179 Km from new for $ 6M at RM Sotheby's on August 13, 2015.

The 500th and last LaFerrari coupe was the subject of a single lot sale jointly organized by RM Sotheby's and by Ferrari on December 3, 2016 to help the victims of earthquakes in Italy. It was sold for $ 7M.

Announced after the end of production of the first 209 cars, the 210th and final LaFerrari Aperta is the last lot of RM Sotheby's sale in the Ferrari plant in Maranello on September 9, 2017. This car still to be produced will not be exhibited at the sale. It was sold for € 8.3M from an estimate beyond € 3M, lot 154.

Just before the sale the catalogue provides the additional information as follows :
​"RM Sotheby’s and Ferrari are pleased to announce that all of the proceeds of this lot will be donated to Save the Children. This lot will also be sold without buyer's premium.
"This LaFerrari Aperta will be finished in a one-of-a-kind livery in stunning metallic Rosso Fuoco with a metallic Bianco Italia double racing stripe on the bonnet and rear deck. The interior will be trimmed in black Alcantara with red leather inserts on the seats, red stitching, and glossy black carbon fiber trim."
Hypercars
2017
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