Ferrari F40
Photo: Will ainsworth, CC BY-SA 3.0, via Wikimedia Commons
Vehicles · Italian Thoroughbreds
Ferrari F40 · 1987–1992
Built to mark Ferrari's 40th anniversary, the F40 is a 2.9-litre twin-turbo V8 mid-engine two-seat road car developed from the 288 GTO Evoluzione — the last model personally approved by Enzo Ferrari before his death. Ferrari claimed it as the first production car to top 200 mph, and it used a Kevlar, carbon-fibre and aluminium body with no power steering and no ABS, which is why collectors prize its stripped, analog character.
The one to have: European-market 1988–1990 car built non-cat, non-adjust: no catalytic converters, fixed (non-hydraulic) suspension, kilometer instruments. The lightest spec (~2,765 lb) and rawest tune — rated 478 hp with the earliest un-catalyzed cars often quoted closer to 500.
Specification
Engine
2.9L twin-turbo V8
2,936 cc 90° V8, longitudinal mid-mount, two IHI turbochargers
Output
471 hp
478 PS at 7,000 rpm; 426 lb-ft torque at 4,000 rpm
Top speed
201 mph
Ferrari-claimed 324 km/h; 0-60 mph in ~4.1 s
Gearbox
5-speed manual
open-gate shifter, no power steering, no ABS
The market
Verified sales on file
6
Feb 2025 – Jan 2026
Median sale
$3.69M
all tracked results
★ Non-cat, non-adjust Euro coupe
$3.85M
median of 1 target-spec sales
Top result
$6.60M
Mecum · Jan 2026
Benchmarks: Modified/high-mile $2.4M – clean $2.9M–3.2M – low-mile non-cat $3.6M–3.9M – Bachman-tier outlier $6.6M · Trend: firming; low-mile non-cat leads
Know the real one
1,311 built 1987–1992; 213 were US-market cars, delivered as 1990–1991 models. Every factory F40 is left-hand drive — RHD examples are conversions or the handful of Sultan of Brunei specials.
Earliest European cars ran no catalysts and fixed suspension (~2,765 lb); US and later cars added catalytic converters (rated 478 hp), an optional hydraulic-lift adjustable suspension, and heavier bumpers (~3,018 lb US).
First ~50 cars have sliding Lexan windows; later cars wind down. Ferrari Classiche certification confirms matching-numbers engine, transaxle and body — the tell on any car claiming originality.
2,936 cc twin-turbo V8, 5-speed gated manual, ~199 mph. No ABS, no power steering, no traction control; pull-strap doors and a Kevlar/composite body.
Verified sales · ★ = target spec · foreign results converted to USD as noted
| Date | Venue | Year | Spec | Miles | Price | Loc | Note |
|---|---|---|---|---|---|---|---|
| Jan 2026 | Mecum | 1992 | Euro delivery (ex-Bachman) | 458 | $6,600,000 | FL | Kissimmee; Bachman Collection, top F40 result of the sale — collection-frenzy outlier |
| Oct 2025 | Bonhams | 1991 | Euro coupe | — | $2,910,000 | — | Zoute, Belgium; top result of the sale, sold €2,645,000 — USD approx at ~1.10 |
| Aug 2025 | RM Sotheby's | 1990 | Euro non-cat, non-adjust ★ | 224 | $3,855,000 | CA | 360 km from new, single-owner preservation car, chassis 84036 — target tier |
| Aug 2025 | Gooding Christie's | 1990 | low-mile coupe | 1,253 | $3,800,000 | CA | Pebble Beach |
| Aug 2025 | RM Sotheby's | 1992 | modified (Azzurro Hyperion, KW susp, LM gearbox) | — | $2,755,000 | CA | Italian-market car, later US title; heavily modified — below clean-original tier |
| Feb 2025 | RM Sotheby's | 1991 | US-spec, non-adjust, Classiche | 3,435 | $3,580,000 | FL | 1 of 213 US cars, chassis 89382, Miami |
Where to hunt
Bring a Trailer — F40 resultsModel auction history and live listings
Classic.com — F40 marketAggregated sold prices and trend
Glenmarch — F40 auction resultsGlobal auction result database
Research file — market data verified through July 18, 2026.
Sources: individually observed results via Classic.com feeds, BaT, Cars & Bids, Mecum, RM Sotheby's,
Broad Arrow, Gooding, Collecting Cars, PCARMARKET and venue coverage, plus marque registries and factory press material.