Ferrari that infamously caught fire in Monaco in 2020 is nearly restored after hundreds of thousands in repairs

Five years ago, in February 2020, a Ferrari F40 burnt to a crisp in the streets of Monaco.

It’s unclear how and why it happened, but it did.

The Ferrari was badly bruised, but it refused to die.

Now, five years later, it is almost ready to race again.

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The Ferrari F40 was almost totaled

In early 2020, a Ferrari F40 was seen cruising around the streets of Monaco before catching fire, apparently spontaneously.

The Ferrari F40 was left almost completely burnt.

While the front was more or less intact, the rear section (where the engine is contained) was destroyed.

Monaco’s RM Autosport decided to restore the car and it is now (nearly) ready, although it still going to take some time.

To be fair, there was quite a lot that needed doing.

The engine had to be rebuilt completely, and the same went for the interior, and the bodywork as well apart from the front trunk.

The car’s severe fire damage and extensive rebuild will definitely lower its resale value if the owner decides to sell the F40, but maybe they won’t.

Perhaps they’ll drive it around… with as many fingers crossed as they can manage.

One of the most valuable (and brutal) Ferraris ever built

The Ferrari F40 is one of the most brutal and pure Ferraris ever built.

And that’s actually why people love it.

A lot of collectors and car fans believe the F40 was the last purely analog Ferrari, because the F50 that succeeded it was already a bit more digital and modern.

This goes some way in explaining the car’s value in the market.

The F40 is one of the most valuable and coveted ‘modern’ Ferraris along with the LaFerrari and the Enzo.

These cars generally sell for millions.

Even though, to be fair, that’s still peanuts compared to some Ferraris from the 1950s and 1960s like the Ferrari 250 GTO.

A while back, a 250 GTO sold for $70 million.

But regardless of the specific model, any Ferrari is better than one that has been burnt to a crisp.