1997 Ferrari F50 with Just 106 Miles Expected to Fetch Over $20 Million at Auction
Written with artificial intelligence.
A highly sought-after 1997 Ferrari F50, believed to be one of the lowest-mileage examples with only 106 miles, is set to be auctioned on October 31. This sale could break records, as it is expected to exceed $20 million, significantly higher than recent auction prices for similar models.
Rare Opportunity for Collectors
The Ferrari F50 has gained immense value among collectors, with an ultra-low-mileage example anticipated to sell for over $20 million at auction on October 31. If this figure is reached, it would establish a new record for the F50, representing a substantial increase from its market value just three years ago.
This specific F50, build no. 334 and chassis no. 107165, is notable for having only 106 miles on the odometer. Produced between 1995 and 1997, Ferrari made just 349 units of the F50, making this particular model exceptionally rare. Delivered new in the U.K., it has remained largely untouched for nearly three decades, presenting a unique chance for collectors to acquire a near-new condition supercar.
Immaculate Condition and Specifications
Powered by a naturally aspirated 4.7-liter V12 engine, the F50 is distinguished for its lack of hybrid technology, appealing to collectors who favor traditional supercar features. The car is finished in the classic Rosso Corsa color, complemented by a black Nero interior with Rosso seat inserts. It also retains its original removable hardtop, driving shoes, a three-piece Schedoni luggage set, and all original tools.
The pristine condition of the vehicle—from the paint to the leather—alongside its low mileage, is expected to draw significant interest from enthusiasts.
Market Trends and Previous Sales
If the auction achieves the anticipated price, this F50 would surpass the current record held by a yellow Giallo Modena F50 sold for $14.575 million in August, which had 7,253 km at the time of sale. Other recent sales include a red F50 previously owned by Mike Tyson that fetched $12.1 million with 6,196 miles, and another that sold for $12.2 million with 252 miles owned by golfer Ian Poulter.
While the F50's auction prices have surged recently, most sold for $4 million to $5 million as recently as 2024. The upcoming sale by Broad Arrow Auctions could place the F50 in an elite category alongside the legendary McLaren F1.