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THE ITALIAN COACHBUILDER SITE

Ferrari F40

1987

THE VEHICLE AT A GLANCE

Model dossier

Production period
1987
Body style
Berlinetta
Engine
V8
Type
Limited
Production
1315

THE PEOPLE BEHIND THE CAR

Coachbuilding, design & conversions

PRICE & SALES RECORD

Vehicle value

Original price
Not documented
Latest recorded sale
CHF 3,323,750 2026-09-26 · RM Sotheby'sRecorded sale of an example of this model.
Price details & sale history ↗

01 / THE STORY

History & context

Ferrari F40 debuted in 1987 with a planned production total of 400 cars and a factory suggested retail price of about US$400,000. Production ultimately reached 1,315 cars, including 213 intended for the United States. One F40 owned by Formula One driver Nigel Mansell sold for £1 million in 1990, setting a record that remained in place into the 2010s. The programme grew from work begun in 1984, when Nicola Materazzi proposed to Enzo Ferrari that the FIA Group B four-litre category—2.857 litres for turbocharged engines—could demonstrate the performance of new road cars. Materazzi had to secure approval from general manager Eugenio Alzati because Enzo Ferrari no longer controlled the production side of the business. Alzati permitted the work on the condition that it took place outside the Monday-to-Friday working week. A small group developed the 288 GTO Evoluzione on Saturdays for the same FIA Group B class entered by the Porsche 959. The FIA ended Group B for the 1986 season, leaving Ferrari with five 288 GTO Evoluzione development cars and no championship in which to race them. A validation driver persuaded Enzo Ferrari that Materazzi could retain the base concept and make it suitable for road use. Enzo Ferrari then authorised further development as a road-only car. On 10 June 1986, he instructed the team to complete it within 11 months for presentation in the summer of 1987, and allowed Materazzi to select the engineers working on the project. The F40 retained many styling cues from the 288 GTO Evoluzione. Leonardo Fioravanti and Pietro Camardella designed the body at Pininfarina, under Materazzi’s guidance. Materazzi developed the engine, gearbox and other mechanical components for road use, drawing on parts already validated through the Evoluzione programme. External specialists also undertook portions of the development. Michelotto Automobili in Padua carried out bodywork development, bringing its rally and race-preparation experience to the work. Ferrari’s marketing department presented the F40 as “very fast, sporting in the extreme and Spartan.” The same statement answered customers who considered Ferrari road cars increasingly plush and comfortable, and described the model as intended for owners seeking sheer performance rather than as a laboratory for future technology. Its simplicity and raw character reflected Materazzi’s racing background. The expanded production run rose well beyond the original 400-car plan, reaching 1,315 examples.

02 / TECHNICAL IDENTITY

Specifications & construction

Production & construction

Production
1315
Production type
Limited

Engine & performance

Engine configuration
V8

Dimensions & accommodation

Length
4,358 mm
Width
4,358 mm
Height
1,124 mm

Individual vehicle

Documented chassis
4 chassis
  • ZFFMN34A9M0087895
  • ZFFMN34AXL0087144
  • ZFFGJ34B000080161
  • ZFFGJ34B000091464

Design & manufacture

Design Studio · Documented
Pininfarina
Manufacturer · Documented
Ferrari
Designer · Documented
Leonardo Fioravanti

05 / VALUE

Value & price history

Recorded sale history

USD · 3 recorded sales

Last sale
USD 3,855,00015 Aug 2025
Highest sale
USD 3,855,0003 recorded sales
Average sale
USD 3,745,000Completed sales only

RECORDED SALES

Recorded sale history

USD

Recorded sale history

USD · 3 dated sales
Scatter plot of completed auction sales. Every point has its own date. The gold line connects recorded prices for the selected currency only; different chassis may be represented. Horizontal positions represent calendar time. Year-only and month-only dates use approximate plotting positions. 3,896,250 3,717,500 3,538,750 2025 USD 3,580,000 · 2025-02-28 · RM Sotheby's USD 3,855,000 · 2025-08-15 · RM Sotheby's USD 3,800,000 · 2025-08-15 · Gooding Christie's
15 Aug 2025
Gooding Christie's · Chassis not verified
USD 3,800,000

Each point is a completed sale with its own date, in chronological order. Dates are positioned by calendar time, with approximate placement when only a year or month is documented. The connecting line shows observed sales prices in this currency, not an appreciation index: transactions may concern different chassis and specifications. Factory prices and unsold estimates are excluded.

Auction & sale history

Date Venue Chassis Record Status Amount
26 Sep 2026 RM Sotheby's Model-level · chassis not verified Sale price Candidate · Sold CHF 3,323,750
2026 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 4,336,250
15 Aug 2025 RM Sotheby's Model-level · chassis not verified Sale price Sold USD 3,855,000
15 Aug 2025 Gooding Christie's Model-level · chassis not verified Sale price Sold USD 3,800,000
28 Feb 2025 RM Sotheby's Model-level · chassis not verified Sale price Sold USD 3,580,000
1990 Model-level · chassis not verified Historical sale Candidate · Reported Sale GBP 1,000,000

Market observations describe documented transactions, estimates or offers. They are not themselves a current valuation of the vehicle.

06 / EVENTS & AWARDS

Events & awards

Frankfurt General · legacy_preserved
Date
1987
Chassis
General

Preserved CI 1.0 relation. Evidence field: _yoast_wpseo_primary_events. No award inferred.

08 / FROM THE ARCHIVE

Archive

References held in the vehicle dossier. Their inclusion does not establish that every historical claim has been independently verified.

ReferenceSource type
Ferrari History — Enzo's Dream: F40 (1987) www.ferrari.com Manufacturer history

10 / CONNECTED HISTORY

Timeline

Chronological history7 dated records
  1. Unassigned chassis · Event

    Frankfurt

  2. Unassigned chassis · Auction

    Auction · Reported_sale · GBP 1,000,000

  3. Unassigned chassis · Auction

    RM Sotheby's · Sold · USD 3,580,000

  4. Unassigned chassis · Auction

    RM Sotheby's · Sold · USD 3,855,000

  5. Unassigned chassis · Auction

    Gooding Christie's · Sold · USD 3,800,000

  6. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 4,336,250

  7. Unassigned chassis · Auction

    RM Sotheby's · Sold · CHF 3,323,750

THE CONVERSATION

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