Heroshot

2005 Ferrari 575M Superamerica

Base Convertible
$52.6M at Mecum Monterey 2022
Thursday, 18 August - Saturday, 20 August 2022
$250,000
Not sold at a high bid of
$300,000 - $350,000
Est. Range
Yes
Reserve
S12
Lot Number
#3
Unrestored original
Mecum Auctions
Auction House
Chassis number ZFFGT61AX50143109. Rosso Corsa over Beige leather. 5748/540hp, paddle shift 6-speed, red calipers, Bridgestone Potenza tires, Daytona-style seats, Scuderia shields.

Evaluation: One of 559 built, represented with $40,000 in options and recent service at F40 Motorsports. A nice-looking car showing 303 miles, but the “‘Total Loss Vehicle’ due to right front fender and wheel replacement” raises an immediate red flag.

Bottom line: This is a tough one. Pretty much the whole point of buying this car with its low-production and three-digit odometer reading is collectability. Indeed, these 575-based Superamericas can be worth about twice as much as a normal 575M. But the salvage title is a scarlet letter that will follow the Ferrari forever, and that seriously limits the appeal. All things considered, the reported high bid was a perfectly realistic balance and it should have sold if there was real money close to it.

by Andrew Newton
29 August 2022
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