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● TRACKER Updated 29d ago · 5 sources tracked

Ferrari Luce: Polarizing EV becomes a $40 million collector’s item

The first production chassis of the Ferrari Luce, the brand's first electric vehicle, sold for $40 million at an auction in Monterey. The sale occurred through RM Sotheby's and establishes a record for the model. This transaction marks the Luce as likely the most expensive electric car ever sold. While the vehicle's design has been described as polarizing, the auction result indicates high demand among collectors for Ferrari's entry into the EV market.

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  • ✓ The first Ferrari Luce production chassis sold for $40 million at auction in Monterey.
  • ✓ The Ferrari Luce is the first electric car produced by Ferrari.
  • ✓ The auction was conducted by RM Sotheby's.
🛡️ Source Corroboration: 5 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

The first Ferrari Luce production chassis sold for $40 million at the RM Sotheby's Monterey auction.

Live updates

  1. First Ferrari Luce Production Chassis Sells for $40 Million

    The first production chassis of the Ferrari Luce, the brand's first electric vehicle, sold for $40 million at an auction in Monterey. The sale occurred through RM Sotheby's and establishes a record for the model. This transaction marks the Luce as likely the most expensive electric car ever sold. While the vehicle's design has been described as polarizing, the auction result indicates high demand among collectors for Ferrari's entry into the EV market.

    Why it matters

    Ferrari has traditionally relied on internal combustion engines for its prestige and performance. The Luce represents a shift in the company's engineering strategy toward electrification. This sale tests whether the collector market values electric Ferraris as highly as their gasoline predecessors.

    What is confirmed

    • The first Ferrari Luce production chassis sold for $40 million at auction in Monterey.
    • The Ferrari Luce is the first electric car produced by Ferrari.
    • The auction was conducted by RM Sotheby's.

    Still unconfirmed

    • The Ferrari Luce is likely the most expensive electric car ever sold.
    • The design of the Ferrari Luce is polarizing.

    What to watch next

    • Sale prices of subsequent Luce production chassis
    • Official confirmation of the record for most expensive EV sold
    Sources used for this update (5)
    1. Road & Track — First Ferrari Luce Production Chassis Sells For $40 Million at Auction in Monterey
    2. duPont REGISTRY News — RM Sotheby's | The Monterey Auction 2026: Top 10 Results & Highlights
    3. BBC — Ferrari's first ever electric car sold for record $40m at auction
    4. CNBC — Ferrari Luce: Polarizing EV becomes a $40 million collector’s item
    5. The Autopian — Someone Just Spent $40,000,000 On The First Ferrari Luce, Making It Likely The Most Expensive Electric Car Ever Sold
    confidence 100%
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