No affiliation with the car or seller, but I think the world is always ready for a restored Supercar especially one that's almost 30 years old, was actively campaigned in a race series, then was color-changed. I saw 103496's re-restoration after Preston Henn owned it, and a restoration by a specialist to its original color seemed like a noble cause. We've had no trouble selling restored 288 GTOs and F40s, so I see no reason why this F50 won't sell with the proviso that the price must be right, that said I do think the advertised ask is high. Agreed. This F50 has an interesting sporting provenance with multiple race-winning success in the Goodyear Maranello Ferrari Challenge regularly beating several F40s by scoring 1st place wins at Brands Hatch, Thruxton, Zolder, Donington (twice), Silverstone and Oulton Park. Even if it's used in it's original street guise, the successful racing history will always be there.
looks like the lithium charger but its from my old GTC4 Lusso or California T. So much easier to charge this way and non invasive.
The racing livery was just simple easily removed decals for show and photography at Monterey week. A lot attention to detail went into that and I'm sure the next owner will be able to enjoy it any way he chooses, "as new" or "as raced". Of the 8 cars produced in Rosso Barchetta colour I believe you can only see 7 today.
On valuation. Value depends on how good a car is (ie its quality). There are various dimensions of quality. Examples are mileage, originality, condition, history documentation, maintenance/service, provenance, books/toolkit/accessories, featured events/magazines. Depending on how good [or bad] a car is on each of these dimensions (compared to an average benchmark) it gets a premium [discount] vs the standard car’s value. Netting the premia/discounts and using the model benchmark value, one can get a valuation for the particular car. Premia/discounts are idiosyncratic but applied often and systematically give one a good approximation. Let’s look at an example. The F50 that sold recently at Collecting Cars. this is what I wrote to a friend prior to its sale, (I put in capitals the relevant dimension of quality mentioned above): Average car of that MILEAGE and UK delivery (a plus) say £3.7m - Less 10% repainted (ORIGINALITY), - less 10% no Warranty/Service book (BOOKS), - less 5% because of modifications while silver colour (ORIGINALITY), - Dubai life, with accompanying unknown storage conditions, number of owners there, maintenance, and mileage traceability (PROVENANCE)results in less 5%. With extra 5% for 15 service stamps. You get a net premium of -25%. So valuation of £3.3m * (1 - 25%) = £2.5m.
Sorry, forget in previous post the last bullet point from Dubai onwards, it’s wrong. Here is the correct text: - Dubai life, with accompanying unknown storage conditions, number of owners there, maintenance, and mileage traceability (PROVENANCE) results in a 5% discount. - premium of 5% for 15 service stamps (MAINTENANCE/SERVICE). You get a net premium of -25%. So valuation of £3.7m * (1 - 25%) = £2.8m.
Cont’d: May be for those who like an ex-rock owner, then add 3-5% premium (PROVENANCE), so net premium goes from -25% to -21%, so £2.9m. if we look at the ex-raced, ex-rosso barchetta for sale in the US as another example: On the originality dimension, it was repainted twice, and (b) it is a nuts and bolt platinum restoration of $700k, and (c) modification a gogo (transformed to race specs and then re-manufactured to road legal street car) On the condition dimension, it has track use to the extent of 40 races including Challenge series then let's -fix-it (let’s enjoy and do whatever on the track, and then let's-bring-it-to-new) Mileage: probably unknown with dash replaced to racing and then back to road speedometer Books, Services: No info on whether it has its Warranty Service book , and if yes, then with regular servicing stamps On the featured events dimension where the whole marketing positioning of the car was (it can result in exactly the opposite effect) so no premium for that colourful life to me (others might like it) Rosso Barchetta, being a special colour, gets 5% or more, say, 7.5% On originality and condition I would take a 25% discount, the net is -17.5% (-25% + 7.5%). I don’t know exactly the prices in US, but if one assumes $4.5m for an average 10 k km car, then this one in my book would be valued at $4.5m * (1 - 17.5%) = $3.7m. This is without knowing the (a) true mileage and (b) whether the Warranty & Service Book is present, and (c) extent of regular maintenance/service stamps throughout the years (each will correspondingly affect the value). To close, I mentioned the dimensions of quality as the determinants of value. Those that I gave are almost complete; However, there are just few other factors like specs (F40s), some country of delivery (US or UK), or special colour schemes.
To give a little better context to my abbreviated thoughts stated above, on the basis that we agree that this is a quiet market, in a previously stronger market at a venue that usually commands a premium, 103495 brought $4.24m https://www.broadarrowauctions.com/vehicles/jc23_190/1995-ferrari-f50 Today I think that car is substantially less. For example, today I have been offered another Eu F50 with less than 6,000 kms for a price which tells me that the relative value of a 10k kms F50 in the USA is around $4m, so around half-a-million less than your example.
Average cars can follow the wavy pattern with a soft market of a year, two or three cycling between $5, 4.5, 4m or less. But a master class in originality, condition and the other dimensions of quality never goes out of fashion. And the extremely few owners of such cars will simply not be part of such trading. You want the very best, you will pay top money for it. You can buy everything else on price and cyclicality.
This was seen outside Michelotto Engineering in Padova, Italy. Someone sent me this, because they had to tell someone they saw a F50. Which I agree is always an awesome experience. But my question is, does this look like Rosso Barchetta? I know lighting can sometimes make colors look different in photos.
Hello everyone! Does anyone have any pictures of F50 #103488? (Owned the Bardinon family) I have looked all over but I only found a few pictures.
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Quite a long shot here, but does anyone know of any F50s on public display in southern Florida? I realize it’s much rarer these days, but I’ll be there with my son this weekend and I’d love for him to see one in person.
I don't know if you'll be able to see a F50, as it's a ticketed event. ModaMiami is happening this weekend in Miami. You may try being in the area, and maybe you get lucky. https://www.modamiami.com/
Truly grateful for your reply! It looks like tickets are still available, so I think I’ll grab one and drag the boy along. Thank you again for taking the time to suggest this!
I'm happy to help. Enjoy, it looks like it's going to be an amazing event. F50 103097, the first production F50 with plaque 001/349, is out in Miami. That car get around a lot. That's the F50 with the yellow stripe. That car is Miami and a lot of other F50s are in south Florida. So you may get lucky. Even if there is no F50, there will be some amazing cars out there. Your son will enjoy.
Excellent idea SVLT. Pats 911, the gentleman who owns F50 103097 which SVLT is referring to is here www.instagram.com send him a DM and if he sees it in time I bet he'll show you the car, he's generous with sharing it.
Excellent suggestion - thank you so much!! Edit: ohhh looks like he’s going to be at the event tomorrow per his Instagram! Very excited!!
Car number 001 and he drives it extensively, he's a Supercar legend, if you get to meet him take a picture with him.
