1990 Ferrari Testarossa

Spider by Pininfarina
£1,467,500 ($1,655,193)
Sale Price
£1,400,000 - £1,800,000
Est. Range
5 November 2022
Sold Date
Lot Number
RM Sotheby's
Auction House
Chassis no. EFG092; Engine no. EFG092. Rosso Corsa over black leather. RHD. 4943/390hp, 5-speed, alloy wheels, Blaupunkt cassette, books and tools.

Evaluation: Never road registered and presents effectively as-new throughout. Showing 413 km (257 miles) Ordered new by the consigner in November 1989 and commissioned as a bespoke project alongside cars made for Brunei royalty. Had €177,000 in restoration work in 2021 by Pininfarina and Zanasi.

Bottom Line: Although Ferrari built nearly 10,000 Testarossas, it never offered a factory drop-top version of its famous cheese-grater supercar, although Pininfarina completed a very small number for special clients and Ferrari built one for Gianni Agnelli. Any car fans of a certain age will also fondly remember the 1986 video game OutRun, which features a red Testarossa Spider. Car fans of that age are also now old enough to have deep enough pockets for bespoke vintage Ferraris, and maybe that has something to do with the price here, which eclipsed even the Gianni Agnelli TR Spider that sold for €1.21M in 2016.

by Andrew Newton
11 November 2022

Leave a Reply

Your email address will not be published.

More on this topic

Hagerty Insider Newsletter

Your weekly dose of auction reports, market analysis, and more.

Thank You!
Your request will be handled as soon as possible
Hagerty Insider Newsletter
Your weekly dose of auction reports, market analysis, and more.
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.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.