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This Ferrari F50 with only 625 miles on the clock just sold for an insane amount

by | Last updated on Dec 15, 2022 at 4:06PM | Published on Dec 15, 2022 | Supercars

Ferrari F50

The Ferrari F50 is undeniably a very special supercar.

Created to celebrate Ferrari’s 50th anniversary, the F50 was the closest thing to a road-going Formula 1 car the company had ever built at the time.

So, when one of the earliest examples built goes to auction, you’d expect it to fetch a hefty sum.

READ MORE: Ferrari has gone and made a full-scale model of its Gran Turismo video game car

RM Sotheby’s recently auctioned off a 1995 Ferrari F50, eighth of 349 examples, with just 625 miles on it.

The pristine supercar was estimated to sell for up to $6.5 million, but it actually sold for $5,395,000.

Either way, that’s still an insane amount of money.

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According to marque expert Marcel Massini, chassis number 103274 commenced assembly in July 1995 and was completed in October the same year.

Finished in Rosso Cross paint over a Nero interior, the F50 was delivered new in November 1995 to the car’s first owner, a marque dealership in Singapore called Hong Seh Motors.

A personal car of the dealership’s principal, it was reportedly stored at his home in a pristine state, never being driven to ensure the odometer reflected only delivery mileage.

Time to move on

After 18 years of ownership, the F50 was the sold to a Ferrari enthusiast based in Texas.

During the second keeper’s ownership, the F50 was regularly serviced while only being driven for minimal exercise miles and occasional enjoyment.

In 2014, it was certified with a Ferrari Classiche Red Book that attests to the continued presence of the match-numbers chassis, engine, gearbox, and coachwork.

It even benefitted from an inspection, accessory belt replacement, air, fuel, and oil filter replacement, brake and clutch flush, and an oil change prior to going to auction.

The remarkably low mileage F50 was sold with an accompanying factory-issued set of fitted luggage, and the proper flight case for the removable hardtop.

As you’re unlikely to find an F50 in better condition, we can’t help but feel the new owner bagged a bargain, snatching it for well below the auction estimate.

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