106-Mile 1997 Ferrari F50 Heads to Broad Arrow Las Vegas With $20 Million Estimate
On October 31, Broad Arrow will auction a 1997 Ferrari F50 with a mere 106 miles on the odometer in Las Vegas, with an estimated value exceeding $20 million. Initially sold for $475,000, this transaction could result in a remarkable profit of $19.52 million. This particular model is the 334th of the 349 units produced, completed on August 6, 1997, and later sent to Maranello Concessionaires in December. Dressed in Rosso Corsa, it features a Nero leather interior, a removable hardtop, Schedoni luggage, and bespoke Tod's driving boots. Notable previous owners include 'Lord' Maurice Taylor, Takeshi Kimura, and Shin Mike Yin. The F50 is powered by a 4.7-liter V-12 engine, generating 513 hp and achieving a top speed of 202 mph. Recent sales of F50s have reached $12.2 million and $14.575 million.
Key facts
- The 1997 Ferrari F50 will be offered by Broad Arrow at its Las Vegas auction on October 31.
- Its odometer reads only 106 miles.
- The estimate is 'in excess' of $20 million against a 1997 list price of $475,000.
- It is the 334th of 349 F50s built between 1995 and 1997 and was completed on August 6, 1997.
- It was delivered in December 1997 to U.K. importer Maranello Concessionaires in Surrey, England.
- First owner 'Lord' Maurice Taylor was jailed for three years over a fake Lowry painting sold through Bonhams.
- Later owners include Takeshi Kimura in Kashiwa, Japan, and Shin Mike Yin, who kept it in Dusseldorf, Germany.
- The car received a Ferrari Classiche inspection at Ferrari of Newport Beach, California, ahead of the sale.
- The F50 was unveiled at the 1995 Geneva Motor Show for Ferrari's 50th anniversary.
- Its 4.7-liter V-12 makes 513 hp and 347 ft lbs, with a claimed 202 mph top speed.
- The auction record for an F50 is $14.575 million, set by a 1996 example at Mecum in August.
Entities
Artists
- Maurice Taylor
- Takeshi Kimura
- Shin Mike Yin
- Mike Tyson
- Alexander Weaver
- Lowry
- Phil Bachman
Institutions
- Broad Arrow Auctions
- Ferrari
- Maranello Concessionaires
- Bonhams
- Road & Track
- Mecum Auctions
- RM Sotheby's
- Ferrari of Newport Beach
- Pagani
- Bugatti
- Tod's
- Schedoni
Locations
- Las Vegas
- United States
- Surrey
- England
- United Kingdom
- Cheshire
- Kashiwa
- Tokyo
- Japan
- Dusseldorf
- Germany
- California
- Newport Beach
- Geneva
- Switzerland
- Monterey
- Kissimmee