The Ferrari F40 was created to celebrate the brand’s 40th anniversary and evolved from the 288 GTO Evoluzione, whose racing plans were cut short when the FIA canceled the Group B rally in 1986. Unveiled in 1987, it was the final car personally approved by Enzo Ferrari. Designed by Pininfarina and built with Kevlar composite bodywork by Scaglietti, the F40 housed a twin-turbo 2.9L V8 delivering 478 HP, enabling 0-60 MPH in 4.7 seconds and a 199 MPH top speed.
This 1990 Ferrari F40, chassis 87031, is the 76th of 213 U.S.-spec examples featuring catalytic converters and adjustable suspension. Estimated to sell for $2.5 million to $2.9 million, it has a well-documented history and Ferrari Classiche certification, confirming its originality in chassis, engine, and gearbox.
Originally delivered to Ferrari Los Gatos, the car was damaged in a test drive accident before reaching its first owner. Declared a total loss by insurance, Ferrari fully rebuilt it, selling it in 1992 to IMSA team owner Phil Conte with a full factory warranty. The car remained in California for years, reaching 9,671 miles by 1999.
In 2009, lawyer and racer Keith Verges purchased it with 11,300 miles, acknowledging its accident history while praising the quality of repairs. He drove it another 4,000 miles before selling it in 2014. Its current owner commissioned a full restoration by Exoticars USA, leading to awards at the Ferrari Club of America concours. F40 expert Brian Crall praised it as one of the most authentic examples he had judged.
With just 16,500 miles today, this meticulously maintained F40, boasting a prestigious history and concours-winning restoration, is one of the finest available. This F40 is currently open for bidding on RM Sotheby’s with 26 days to go as of this writing.
Source: RM Sotheby’s
