Key Takeaways
- Ferrari’s first electric car sold for $40 million at auction.
- The sale price was 36 times the $1.1 million estimate.
- Proceeds from the auction will go entirely to charity.
Ferrari’s first electric car has sold for $40 million at the RM Sotheby’s Monterey auction, far exceeding its $1.1 million presale estimate. The result makes the one-off vehicle one of the most expensive new cars ever sold at auction, with the full proceeds going to The Ferrari Foundation.
Record Auction Price For Ferrari’s First Electric Car
The car, identified as chassis ZFF21BUA8T0338000, is designated “Chassis 0” and represents the first production unit from Ferrari’s Luce electric vehicle program. The auction was conducted without reserve, while the buyer’s premium was waived, making the $40 million hammer price the full amount paid for the vehicle.
The auction car features a Tailor Made specification created specifically for the event. Its exterior uses a unique “Madreperla Semi Gloss” finish that changes between green and violet depending on the lighting. The interior features Le Mans metallic leather in Perla with Grigio Corvara detailing.
It will complete the vehicle at its Maranello facility before handing it to the buyer. Delivery is scheduled for Q1 2027. The proceeds will go to The Ferrari Foundation, which supports educational programs.
The auction price is particularly notable against the Luce’s standard pricing. The electric Ferrari has a listed price of about €550,000, or approximately $640,000. The $40 million auction result represents roughly 62 times the listed price of a standard Luce.
Ferrari Sets Another Auction Benchmark
The $40 million sale also surpasses Ferrari’s previous charity auction record at the Monterey event. In August 2025, a unique Daytona SP3 sold for $26 million, with proceeds also directed to The Ferrari Foundation. The latest result represents an increase of about 54% from that sale.
It has recorded several other major auction results involving unique vehicles. A one-off LaFerrari Aperta sold for $10 million at a 2017 Ferrari auction in Maranello, with proceeds directed toward earthquake relief.
The Luce result also places the first Ferrari EV close to the highest prices recorded for modern Ferrari models. A 1962 Ferrari 250 GTO sold for $48.4 million at auction in 2018, leaving a difference of $8.4 million between that transaction and the Luce sale.
The result comes as Ferrari prepares to begin customer deliveries of its electric model. The company’s 2026 allocation of fewer than 500 Luce vehicles had already sold out before deliveries began.
The auction provides a notable data point for Ferrari’s transition into electric vehicles. While the $40 million price includes the unique status of the first production chassis and its charitable purpose, the sale also highlights the premium collectors can place on historically significant vehicles.
