Three multimillion-dollar Ferraris are expected to become the most expensive cars ever sold in an online auction this month — explore them all
Kristen Lee
- RM Sotheby's is auctioning off a Ferrari 288 GTO, F50, and Enzo on May 21.
- All three cars are expected to fetch more than $2 million apiece.
- The entire auction will be held online only, and RM Sotheby's believes that it could be the first auction company to sell a car worth more than $2 million online.
- Visit Business Insider's homepage for more stories.
With the end of the COVID-19 pandemic nowhere in sight, many are consigned to largely staying at home and browsing life through the window of the internet. At least there are online car auctions to flip through.
Sure, they're online auctions where the cars are expected to fetch more than $2 million apiece — thus putting most of us out of the running to win — but scrolling through them is at-home entertainment all the same.
RM Sotheby's is hosting its Driving Into Summer online-only auction this month, which will open on May 21 and run through May 29. Because of the pandemic, it will be the company's first consignment-based collector car auction held exclusively online.
There are three cars — in my humble opinion — that headline this particular auction. They are iconic Ferraris: a 1985 Ferrari 288 GTO, a 1995 Ferrari F50, and a 2003 Ferrari Enzo. All three are expected to fetch well over $2 million apiece.
"I believe we'll be the first [auction company] to sell a car worth $2 million-plus online," Gord Duff, RM Sotheby's global head of auctions, told Robb Report recently.
An RM Sotheby's spokesperson backed up Duff's claims, telling Business Insider that to the best of the company's knowledge, "no other auction house has sold a car at this value in a dedicated, online-only collector car auction."
At least for me personally, I'd feel a little nervous about dropping nearly $3 million on a car sight unseen. But on the other hand, the car in question is a Ferrari Enzo. How messed up could an Enzo be? Here's to hoping those aren't someone's famous last words.
Anyway, the auction house says there will be more than 80 cars available. But let's go straight for the dessert first — those Ferraris. And then maybe a few of the other cars after that.
Read the original article on Business InsiderYellow's a good color for it. Be sure to check out the auction when it opens on May 21 — even if it's just to browse.
What's cool is that the seats are fixed for ideal weight distribution, so the pedals and steering wheel move instead.
Buyers were legally forbidden from reselling their GTs until after two years of ownership.
Ford famously held an application process for people who wanted to buy one.
The Ford GT returned more than 10 years later with the 2017 Ford GT.
This particular GT was the last Heritage example built.
It’s a look that’s inspired by the Gulf Oil livery on the Le Mans-winning GT40.
It’s finished in Heritage Blue with Epic Orange stripes.
The Heritage edition was launched in 2006, the GT’s final model year.
The first-generation GTs are powered by a 5.4-liter, supercharged V8.
The Ford GT was Ford’s tribute to the race cars in the 2000s.
The GT40s raced successfully at Le Mans in the 1960s.
The 2006 Ford GT Heritage was built specially to celebrate the legendary Ford GT40.
This would be a nice car to take on California's Pacific Coast Highway.
And it has a really beautiful color combination.
This silver 2005 Ferrari Superamerica definitely shows some restraint.
As a side note, these are some of the most gorgeous photos of a car I’ve ever seen.
Not merely a garage queen.
There are 10,701 miles on the clock, so it’s a car that’s been driven.
If you have a thing for front-engined Ferrari grand tourers that aren't red, this is the car for you.
Then, there's this 2002 Ferrari 575M Maranello.
The 911 Speedster was built as a limited-edition celebration of the 356 Speedsters from the 1950s.
It is only one of 819 built for the North American market.
And there's a four-speed manual transmission.
To read more about Corvettes, go here.
It's powered by a 427-cubic-inch V8 that makes 390 horsepower.
It’s from the second generation of the Corvette, called the C2.
This pristine white example is a 1967 Chevrolet Corvette Sting Ray 427/390 Convertible.
Oh, and also: it only has two (2) miles on its odometer.
There are many replicas of these cars running around; this is the real thing.
That muscle takes the form of a 496-cubic-inch V8 that makes an estimated 650 horsepower.
This particular car was completed in 2017.
It's got the shape of a British roadster, but it's powered by American muscle.
This go-kart looking thing is a 1965 Shelby 427 S/C Cobra 4000 Series.
This particular car was restored in the late 2000s.
Not only is the color beautiful, but it also enhances the classical beauty of 1950s car design.
You can’t really get better than the 1959 Maserati 3500 GT by Touring.
And the interior is green!
It has a 3.0-liter V12 and drum brakes.
Ellena built 50 modified cars but there are fewer than 40 in existence today.
It’s a slightly modified version of a Ferrari 250 GT, built by a firm called Ellena.
Here’s a 1958 Ferrari 250 GT Coupe by Ellena.
This example recently underwent a complete restoration, so it looks great.
The wood and leather used inside make it look like a gorgeous boat cabin.
There's a V12 engine along with a V-shaped radiator shell.
I can’t say I’ve much love for the pre-war classics, but this would be pretty baller to drive around in.
Aside from the Ferraris, there's this 1934 Packard Twelve Convertible Victoria.
Visually, its shapes aren’t always congruent with each other.
It was designed to look like an open-wheel race car.
The Enzo also uses a carbon-fiber tub for lightness and rigidity.
Its successor, the Ferrari LaFerrari, makes do with a hybrid powertrain.
This is the last V12 Ferrari halo car to be offered with just a naturally aspirated engine.
It has fewer than 1,250 miles on the clock.
A 2003 Ferrari Enzo will also be available, projected to sell for between $2.6 to $2.9 million.
This is the Ferrari that apparently straddled the raw Ferraris of the past and the technological ones of the present.
The interior is also very bare bones, so passengers don't forget this is a lightweight car meant for speed.
To keep the weight down, the F50 uses a carbon fiber tub in its chassis structure.
That naturally aspirated V12 makes 512 horsepower and has an 8,000-rpm redline.
Then there’s this 1995 Ferrari F50, projected to sell for between $2.5 million and $2.75 million.
People who have driven it say it's incredible.
Road & Track's Sam Smith once wrote, "You become comfortable with it, and then you toe a bit too much into the boost and it turns into a tail-happy weirdo with far too much soul and this kind of grumbling exhaust note that just begs you to do silly things. ... This thing is great. It's friendly but eminently fearsome, drivable but perfectly involving. I want. I want, I want, I want."
Same, bud, same.
Anyone want to buy a girl a present? The time is now.
But the whole point of this car isn’t luxury, it’s for driving.
It has a tiny, 2.8-liter twin-turbocharged V8 that makes 400 horsepower.
The 288 was originally built so Ferrari could enter the Group B rally championship.
As Road & Track tells it, Group B was a set of rally regulations in the 1980s that more or less prioritized speed over safety.
Ultimately, Group B was canceled before the 288 got to do any factory-backed racing. But Ferrari carried on building the car for consumer production anyway.
It also has optional air-conditioning and power windows. A luxury!
First up is this 1985 Ferrari 288 GTO, projected to sell for between $2.2 and $2.4 million.
With three Ferraris up for grabs that are all expected to fetch well over $2 million, the company could break auction records.
RM Sotheby's told Business Insider that to the best of its knowledge, "no other auction house has sold a car at this value in a dedicated, online-only collector car auction."
But going online only isn’t the worst thing for RM Sotheby’s.
Auction house RM Sotheby’s will host its Driving Into Summer auction this month, and it’ll be online only due to the COVID-19 pandemic.
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