Someone allegedly offered $100 million to buy one of the rarest modern Ferraris, the F50 GT1, but was rejected

Published on Aug 31, 2025 at 6:43 AM (UTC+4)
by Callum Tokody

Last updated on Aug 27, 2025 at 9:18 PM (UTC+4)
Edited by Emma Matthews

The Ferrari F50 GT1, developed from the Ferrari F50 and regarded as one of the rarest Ferraris, was the standout at Monterey Car Week.

At The Quail, chassis 001 of the F50 GT1 won Best of Show.

Reports of a $100 million bid to purchase the car soon followed.

But the owner turned it down, leaving the Ferrari GT1 in private hands.

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Big money for F50 GT1

The Ferrari F50 GT1 was built in 1996 to contest the GT1 class against the McLaren F1 GTR and Porsche 911 GT1.

The Italian marque planned six cars, but only three were completed after the project was canceled.

The example at The Quail, chassis 001, has remained with its first owner, Arthur Zafiropoulo.

Reports state he rejected the $100 million offer during Monterey Car Week.

So the supercar will stay in his collection.

The car differs from the Ferrari F50 road model with a carbon fibre monocoque and race-focused bodywork.

It includes a roof scoop, rear wing, diffuser, front splitter, and black Speedline wheels.

Its 4.7-liter naturally aspirated V12 produces 750hp at 10,500rpm and 380lb-ft at 7,500rpm, linked to a six-speed sequential gearbox.

The F50 GT1 was built to race, but never entered competition.

Collector’s passion for Ferrari supercars

The F50 GT1 is part of a wider culture of collectors holding rare Ferraris for decades.

In California, one owner has assembled dozens of the Italian supercars across several garages valued at around $100 million.

His collection spans multiple models and eras.

Both examples show how Ferrari GT1 projects and rare Ferrari F50 builds remain out of circulation.

Owners often keep them long term, rather than sell even at record prices.

The Italian marque’s endurance racing return with the 499P, including a Le Mans win in 2023, connects the brand’s current program to unfinished efforts like the F50 GT1.

Cars from both periods remain important to collectors who see them as milestones in the brand’s racing history.

See more footage of the car here:

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Callum Tokody is a content writer at Supercar Blondie, where he covers the latest in the automotive world with a focus on design and performance. Callum has a background in automotive journalism and has contributed to a range of publications in Australia and the UK. Outside of work, he’s a design enthusiast with a soft spot for anything with a V8 and a good story.