The Ferrari F40 is one of the most desirable Ferrari models in history. Only 1,311 models were built, and at the time of its release in 1987, it represented cutting-edge technology and performance capabilities that made it the fastest production car in the world. That’s the kind of appeal the F40 has to old and new collectors alike. Anytime one of these bad boys hits the market, collectors trip over themselves for the chance to own one. With that in mind, it came as a bit of a shock to my senses when I found out that a 1991 Ferrari F40 failed to find a new owner at a recent auction held by H&H on October 14, 2015.
Let that simmer for a little bit because it is surprising, to say the least. According to the auction house, that particular F40 with chassis number 091573 had an estimated value of £750,000 to £800,000, which would be about $1.162 to $1.24 million based on current exchange rates. That price point would be in line with some of the other F40s that recently sold in other auctions.
In August 2015, a one-owner, Euro-spec F40 sold for £791,000 ($1.224 million) and a little earlier than that, a similar, one-owner F40 fetched £856,000 ($1.33 million). Given these prices, it would seem like the F40 that was being auctioned at H&H would fetch a similar price and maybe even more considering that it’s the only F40 in the world whose chairs Ferrari wrapped in leather on account of its owner, F.J. Connolly Esq., the leather provider of choice in Maranello at that time.
Sadly, none of the unique traits of this particular F40 were enough for somebody to meet the reserve price. So, if anybody’s still in the market for a completely one-off Ferrari F40, there’s one sitting in H&H’s garage that’s waiting to be scooped up. All you need is around £800,000 ($1.24 million) and you could find yourself owning what might be one of the most exclusive F40s in the world.
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