And it's not around the Nurburgring.
Forget about the talks of a looming economic recession. It's clear that there's still lots of money floating around the economy when buyers can afford to spend millions on Ferraris at auction. For instance, RM Sotheby's is famous for auctioning off the most exclusive and rare automotive pieces, and it recently set a record for the highest price paid over an online auction. The car in question wasn't a new Ferrari 488-GTB or Portofino, but an ultra-rare Enzo.
We recently covered another Enzo that went up for auction, but this 2004 model couldn't match the record set by the 2003 model in question.
Built between 2002 and 2004, the Ferrari Enzo, named after the company's founder, Enzo Ferrari, was the epitome of Ferrari performance at the time, and had a limited run of only 399. Powering this beast was a 6.0-liter V12 engine producing 650 horsepower and 458 lb-ft of torque, which sounds sedate when compared to most supercars these days, hell, even the Dodge Challenger Hellcat makes significantly more power.
The Enzo which stole the headlines had a mere 1,250 miles on the clock and two owners behind its name, with the original owner having kept it for 15 years.
This car came with a full set of service documents from Ferrari of San Francisco and looks to be in showroom condition. RM Sotheby's pre-sale prediction for this car was set between $2.6 to $2.9 million, so the end price of $2.64 million was at the lower end of the scale, but still managed to set an online bidding record. The Enzo sold for $650,000 when new.
The 2003 Enzo formed part of RM Sotheby's Driving Into Summer online car auction. RM Sotheby's global head of auctions, Gord Duff is proud of the fact that the company's first ever online only auction was such a success, and noted that late model cars produced in the last 20 years dominated the top-ten list by price.