This 1995 Ferrari F50 With Only 625 Miles Record Sold For ₦3.9 billion

For any car to sell for over $5 million is rare, and a car that hits such a sales mark surely has made some incredible records. That’s the kind of record this Ferrari F50 has, considering the selling price is an insane amount. With that amount, you could buy 5 Bugattis.

However, this Ferrari is undeniably a special supercar. It was first created to celebrate Ferrari’s 50th anniversary, the F50 was the coolest thing to a road-going Formula 1 car the company had ever built at the time.

So, when one of them goes to auction, you’ll expect everyone to want to take it home. The auction was held recently by RM Sotheby’s for the 1995 Ferrari F50. This particular one is the 8th out of 349 ever-made units, with only 625 miles on its record.

The estimated price for the supercar was $6.5 million, but it was actually sold for $5,395,000.

According to marque expert Marcel Massini, chassis number 103274 commenced assembly in July 1995 and was completed in October 1995. 

Finished in Rosso Cross paint over a Nero interior, the F50 was delivered new in November 1995 to the car’s first owner, a marque dealership in Singapore called Hong Seh Motors.

It was a personal car for the dealership’s owner. It was reportedly stored in his home in a pristine state, never being driven to ensure the odometer reflected only delivery mileage.

After owning it for 18 years, it was sold to a Ferrari enthusiast based in Texas. The Ferarri was regularly serviced by the second owner and only driven a little.

In 2014, it was certified with a Ferrari Classiche Red Book that attests to the continued presence of the match-numbers chassis, engine, gearbox, and coachwork.

• Meet The 18-Year-Old Ferrari F50 Expected To Fetch ₦4.5 billion At An Auction
• Check out Cars worth millions Abandoned By Their Lavish Owners In Nigeria
• Read This, If You Want To Find Rare Spare Parts For Your Car
• The 2022 Mercedes Maybach has the World’s Most Luxurious Interior
• Mark Angel Net Worth, Cars, Biography, List Of Comedy

The car even benefitted from an inspection, accessory belt replacement, air, fuel, and oil filter replacement, brake and clutch flush, and an oil change before going to auction.