A 1997 Ferrari F50 with 106 miles on the odometer sold for $18,705,000 at Broad Arrow's Las Vegas auction on Saturday night, held in partnership with the Concours at Wynn Las Vegas. The hammer fell at $17 million, below the $20 million pre-auction estimate, and the buyer's premium brought the final result to $18.705 million. That number is the new public-auction benchmark for an F50.
For context, the previous F50 record was $14,575,000, set in August at Mecum Monterey. The Las Vegas car cleared that by 28.3 percent and sat about 54.5 percent above the duPont REGISTRY Index value of $12,105,000 for the model.
The car itself
Chassis 107165. Finished in Rosso Corsa over Nero leather with Rosso seat inserts. 334th of 349 F50s ever built. Delivered new through Maranello Sales in the United Kingdom. One hundred and six miles total. It is the combination Ferrari has never gone back to on a production road car: a mid-engine, naturally aspirated V12 bolted to a conventional manual gearbox.
That is why the F50 keeps setting records. There is no modern analog. The 288 GTO and F40 are turbo cars. The Enzo is a semi-automatic. The LaFerrari is a hybrid. The F50 is the only one.
What the rest of the room did
The F50 led the sale. Behind it, a 2025 Ferrari Daytona SP3 Tailor Made in Verde Francesca with 81 miles sold for $18.54 million, past the $17.825 million SP3 record set at RM Sotheby's Monterey in August. A 2014 LaFerrari in Rosso Corsa with 5,439 miles brought $8.805 million, a new high for a standard LaFerrari coupe. A 2003 Enzo made $6.55 million. The auction totaled $92.8 million across 84 lots at a 76 percent sell-through rate, with Ferrari alone accounting for roughly 73 percent of the money.
Not everything cleared. A Lamborghini Miura P400 SV, a Bugatti EB110 GT and a Lamborghini Aventador SVJ Roadster all failed to meet reserve. The top of the market is hot. The middle is picky.
What this means for the person reading this with a Ferrari in the garage
A single auction result does not reset the market for a 488 Spider or a California T. It does reset the ceiling. When the headline sales clear well above estimate, every tier underneath moves. Dealers who buy Ferraris are watching the Las Vegas tape today and adjusting what they will pay this week.
That cuts both ways. The halo cars (F50, Enzo, LaFerrari, Daytona SP3) are now priced on scarcity and story. The modern production Ferraris (488, 812, F8 Tributo, Portofino M, 296 GTB, SF90, Roma) are priced on condition, miles, service history, options and color. The data is cleaner than ever: public auction comps on halo cars, dealer comps on volume cars, and private-sale comps on everything in between.
If the car is yours and you have been waiting for the market to tell you something, Saturday night was a message.
How J&S Autohaus buys a Ferrari
The store has been doing this out of 1723 N. Olden Avenue in Ewing, New Jersey since 1995. The process on a Ferrari is the same whether the car is a 360 Modena or a 599 GTB or a current 296:
- Year, model, miles, color, options and recent service go into a written offer the same day in most cases.
- Transport is enclosed and door to door, anywhere in the lower 48. No one asks the seller to drive it.
- Payoff on a loan or lease, title work, out-of-state registration, estate and trust titles are handled by the store. Owner signs where marked.
- Payment is wire the day the car and title are in Ewing.
No form field dump. No instant number before the car is seen. No pressure to decide at the door.
Start the conversation
Sell page: https://jsautohaus.com/sell-my-exotic-car
Sales: (609) 245-6634
Photo: a Ferrari F50 of the same type, not the record chassis. Image via Wikimedia Commons, CC BY-SA 4.0.