1997 Ferrari F50 Sells for Record $17 Million at Auction
Written with artificial intelligence.
A rare 1997 Ferrari F50, with just 106 miles on the odometer, has fetched a staggering $17 million at a Broad Arrow auction, setting a new record for the model. This particular F50 is the 334th of only 349 produced, maintaining exceptional original condition.
Record Sale of a Rare Ferrari
A 1997 Ferrari F50 has made headlines after selling for an unprecedented $17 million at a Broad Arrow auction. This sale establishes a new record for the model, highlighting the increasing value of rare supercars in the collector market.
This specific F50 is number 334 out of just 349 units ever made. With only 106 miles on the odometer, it has seen less use in nearly three decades than many modern vehicles experience in a year. The car features the iconic Rosso Corsa exterior paired with a Nero leather interior, and it is reported to be in nearly pristine original condition.
Under the hood, the Ferrari F50 is powered by a 4.7-liter naturally aspirated V12 engine, which is derived from Ferrari's Formula 1 program. This engine generates 513 hp and sends power to the rear wheels through a six-speed gated manual transmission.
Adding to its allure, the auction included the original removable hardtop, a flight case, Schedoni luggage, driving shoes, and the factory tool kit, all of which contribute to the car's exceptional provenance and value.