They don't come up for sale often and this F40 has under 10,000 miles.
As frustrating as it can be to see owners not use their Ferraris, later on, they will surface with scant mileage and incredible condition like this example. The Ferrari F40 is often regarded as one of the great collectibles during awkward times for Ferrari and this 9,447-mile example not only impressed back in the 1990s but still does so today. As a result, that desirability means this 1992 F40 continues to increase in value and it should set records at the RM Sotheby's auction later this month at Pebble Beach.
While one of only 60 units delivered to the United States for the 1992 model year, the total exports here were 216 F40s over the run. Originally supposed to be a more limited production of 400 examples as per Enzo Ferrari, the enormous popularity of the magical F40's performance meant a total of 1,315 cars were made. But you can't blame the Ferrari buyers of the world, the car was designed to be peak Maranello engineering back then, much like the Ferrari SF90 Stradale is today.
Back in the 1980s, supercar buyers didn't have a load of vehicles to choose from. The Lamborghini Countach existed and gave other exotic marques serious competition with its huge V12 power. But the Porsche 959 really set the bar for supercars by integrating twin turbos and an electronically-controlled AWD and suspension. But Ferrari had an important 40th anniversary upcoming, and Enzo was determined to build a supercar that would reignite interest from buyers. Originally intended to be a Group B homologation car, the F40 was born from the bones of the first five 288 GTO Evoluzione chassis.
Work got underway in Maranello to build off these steel tube-frame chassis with four-wheel independent double wishbone suspension. The carbon-Kevlar coachwork was carefully crafted using a Pininfarina wind tunnel to not only look spectacular but achieve lower drag and design to be 20% lighter and far stiffer than its predecessors.
The F40 engine was built from the 288 GTOs V8, bored out to 2.9-liters, and had a pair of IHI turbochargers added. The result was 478 horsepower with 425 lb-ft of torque meaning the F40 hit 60 mph in just 3.8 seconds. The top speed of 201 mph bested both the Porsche 959 and the Lamborghini Countach rivals as well. This particular example has been certified by Ferrari Classiche with an original numbers-matching engine, five-speed manual transaxle and completely OEM except for the Tubi exhaust and period-correct Pirelli tires.
Expected to fetch between $2.6-2.9 million this four-owner car had its curators keep the mileage under 10,000. It has spent its entire life basking in the California sun and has extensive service records all the way up to its most recent February 2022 visit to Ferrari Los Angeles. The Ferrari techs didn't have much to do on this factory-fresh example of an F40, just a few gaskets, seals, and sensors kept it running flawlessly. Now in advance of its fifth owner, we can only guess if this poster car for the 1990s is worth more than estimates to collectors.