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This Ferrari F40 Went From 0 to $1 Mil in Less Than 2 Seconds and Then Sold for $3.1 Mil.

19920 Ferrari F40 27 photos
Photo: Mecum Auctions
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This legendary 1992 Ferrari F40 was just sold at an auction for no less than $3.1 million. The bid started off at a mere $150,000, and in two seconds on the clock, it jumped to $1 million. Seven seconds later, it got to a well-rounded $2 million bid. After 64 intense seconds later, the hammer fell for its last strike. 
The Ferrari F40's nameplate is called this way in honor of the car manufacturer's 40th birthday. The F40 is one of the most brutally honest supercars ever built, that melds man and machine together as one.

What makes this model truly special is that it was part of Enzo Ferrari's last dream. Fourteen months before he passed away, when he presented the car for the first time, Enzo Ferrari said: "I expressed my wish to the engineers. Build a car to be the best in the world. And now the car is here."

The F40 was the first production car to shatter the 200 mph (321.8 kph) speed barrier. It actually managed to reach 201 miles per hour (324 kph). This was possible due to its mythological-like engineering for that era.

The technical RWD marvel with a 5-speed gearbox came with a 2.9-liter twin-turbocharged V8 engine capable of outputting 478 hp (485 ps) with 428 ft-lb or 580 Nm of torque. It also hit the 62 mph mark (100 kph) in 4.1 seconds, with a top speed of 201 mph or 323 kph.

Now, the model sold at Mecum Auctions is 1-of-22 F40 units built in 1992. It's also 184th out of 213 made for the US. The odometer says it drove 8,688 miles or 13,982 kilometers, and none of those are shady ones, either.

1992 Ferrari F40
Photo: Mecum Auctions
It was previously owned by three others, and in 2021, it won the Platinum and Best Supercar awards at Cavallino. The prestigious history of this F40 doesn't stop here, no siree Bob. Ferrari North America wanted it to be displayed at the Casa Ferrari during the Pebble Beach Concours d'Elegance (2021). A classy Italian hand gesture with both hands is warranted.

The service history dates all the way back to its factory birth and the last significant service was performed in October 2022 by Pocono Sportscar in Shohola, Pennsylvania.

This included the usual fluid changes, water pump and seal replacement, belt service, and fresh cam cover seals. All eight spark plugs were also replaced, along with the tensioner bearing, rear cover gasket, and air conditioning belt.

Unless you're a gazillionaire, $3.1 million is a stupendous amount of money. That being said, it still comes up short compared to what others paid for another automotive icon. The legendary 1966 Ford GT40 Mk.I was sold for $6.93 million just a day before the Ferrari F40. For that amount, you can buy almost 45 Plymouth Superbird models from 1970.

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About the author: Codrin Spiridon
Codrin Spiridon profile photo

Codrin just loves American classics, from the 1940s and ‘50s, all the way to the muscle cars of the '60s and '70s. In his perfect world, we'll still see Hudsons and Road Runners roaming the streets for years to come (even in EV form, if that's what it takes to keep the aesthetic alive).
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