2000 Ferrari 550

GT1 Competition
RM Sotheby's Milan 2021
Tuesday, 15 June 2021
€1,805,000 ($2,187,660)
Sale Price
€1,800,000 - €2,200,000
Est. Range
15 June 2021
Sold Date
Lot Number
Competition restoration
RM Sotheby's
Auction House
Chassis no. 115811; Engine no. 01/03C-F550. Blue with Red Bull graphics over blue cloth. Race prepared V12 with air restrictors, sequential manual gearbox, single OMP seat, Sabelt 5-point belts, Sparco multi-function suede rim steering wheel, fire system, Motec display, OZ centerlock wheels, Pirelli PZero slicks.

Evaluation: One of four built by Italtecnico, raced by several teams with disappointing results except when finishing 3rd in the 2004 Italian GT Championship driven by Lorenzo Casé. Drivers include Toto Wolff. Restored to 2002 Red Bull sponsored FIA GT livery but in many respects shows its several seasons. Freshened in 2018 and said to be race ready for several attractive series.

Bottom Line: Despite having a succession of excellent drivers this 550 GT1 suffered from repeated mechanical failures that only were addressed after several years of development. Fortunately, it now appears to have reached a level of preparation and development that make it competitive in historic and Ferrari events and it was highly valued for that eligibility and potential in this transaction.

Its unremarkable period history is reflected in this result, which is half what RM got for a highly successful Prodrive-built 550 GT1 in the Monterey Shift auction last August.

by Rick Carey
30 June 2021
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