1990 Ferrari F40

£883,000 ($1,222,249)
Sale Price
£930,000 - £1,400,000
Est. Range
Yes
Reserve
9 July 2021
Sold Date
246
Lot Number
#2
Visually maintained, largely original
Bonhams
Auction House
Chassis no. ZFFGJ34B000084104. Rosso Corsa over red cloth. RHD, 2936/478hp, 5-speed manual, original manuals and tool kit included.

Evaluation: One of only 78 Ferrari F40s built for the UK market as well as a more desirable, clearer breathing non-catalytic converter and non-adjustable suspension model. First owned by Sir Paul Vesty, who in turn sold it to the Earl of Mexborough in 1993. A claimed 17,789 km from new with full Ferrari service history including a 250-hour detailed restoration in 2015 and a cambelt change in late 2020.

Superb paint finish with the carbon weave correctly showing through as it should on the early models. The alloys are slightly pitted. The engine looks exactly right for a 31-year-old F40. The rear quarter window has fine scratches which could potentially be polished out. The interior looks very well kept and the red seat cloth looks new with no marks at all. The impressive exhaust surfaces are shiny and polished. A good showing from an achingly gorgeous car.

Bottom Line: With 1315 examples produced the F40 isn’t exactly rare by the standards of Ferrari halo cars, but it is – forgive the automotive cliché here – an icon, and good examples have been (in dollar terms) seven-figure cars since the mid-2010s. This one is desirably configured, but even given its condition and mileage this is a somewhat modest result. Bidding opened at £700,000 and had a slow back and forth between the internet and a bidder in the room, the latter of whom won out.

by Andrew Newton
16 July 2021

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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.