Heroshot
$1,591,749
Sale Price
£1,400,000 - £1,600,000
Est. Range
Yes
Reserve
5 November 2022
Sold Date
117
Lot Number
#3+
Visually maintained, largely original
RM Sotheby's
Auction House
Chassis no. ZFFGJ34B000088895; Engine no. 26333. Rosso Corsa over red cloth. LHD. 2936/478hp, 5-speed, original manuals and partial tool kit included.

Evaluation: From the Gran Turismo Collection. A European specification cat, non-adjust example fitted with a straight-through exhaust. It does not look like it has done the 48,500 miles shown on the odometer and presents in excellent overall condition, but that’s partly because it has been extensively rebuilt after an accident in the vendor’s ownership that required new front and rear clamshells from the factory. Consequently, the roof is slightly duller than the remainder of the car. The wheels are good but with some small corrosion spots. There are some paint chips on the right-hand sill, rear left engine intake, and there is some slight bubbling on the rear deck.

Bottom Line: The sale price here is between Hagerty UK’s condition #3 and #4 prices of £1.7M and £1.4M, a fair reflection when balancing its mileage and accident/rebody history versus its most desirable current ‘non-cat, non-adjust’ spec. It’s still seven figures, but for someone who wants an F40 to actually drive hard and enjoy, this is a good and reasonably economical way to do it.

by Andrew Newton
10 November 2022
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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.