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● TRACKER Updated 29d ago · 5 sources tracked

Ferrari’s First Electric Car Fetches Record $40 Million at Auction

The first production chassis of Ferrari's all-electric car, called the Ferrari Luce, has been sold at an auction in Monterey for $40 million. This sale more than tripled the car's estimated value. The auction took place during a major car sale event. Ferrari's entry into the electric vehicle market marks a significant shift for the brand.

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  • ✓ The first Ferrari Luce production chassis sold for $40 million at an auction in Monterey.
  • ✓ The sale price of the Ferrari Luce EV was 36 times its estimated value.
🛡️ Source Corroboration: 5 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

The Ferrari Luce EV's sale price was confirmed to be $40 million, which is 36 times its estimated value.

Live updates

  1. Ferrari's First Electric Car Sells for Record $40 Million

    The first production chassis of Ferrari's all-electric car, called the Ferrari Luce, has been sold at an auction in Monterey for $40 million. This sale more than tripled the car's estimated value. The auction took place during a major car sale event. Ferrari's entry into the electric vehicle market marks a significant shift for the brand.

    Why it matters

    Ferrari's move into electric vehicles is a major development for the company, known for its high-performance gasoline-powered cars. The sale of the Luce EV at a record price indicates strong interest in Ferrari's electric offerings. This comes as the automotive industry is rapidly transitioning towards electric vehicles. The high price fetched by the Luce EV reflects Ferrari's brand value and the collector's appeal of its cars.

    What is confirmed

    • The first Ferrari Luce production chassis sold for $40 million at an auction in Monterey.
    • The sale price of the Ferrari Luce EV was 36 times its estimated value.

    What to watch next

    • Ferrari's future electric vehicle offerings and their market performance
    • The impact of this sale on the collector car market and electric vehicle valuations
    • Ferrari's plans for mass production and pricing of its electric vehicles
    Sources used for this update (5)
    1. Bloomberg.com — Ferrari’s First Electric Car Fetches Record $40 Million at Auction
    2. Road & Track — First Ferrari Luce Production Chassis Sells For $40 Million at Auction in Monterey
    3. Electrek — First Ferrari Luce EV sells for $40 million, 36x its estimate
    4. classic-car-auctions.info — 2026 RM Sotheby’s Monterey Sale (Auction Results)
    5. autoevolution — Someone Paid $40,000,000 for the First-Ever Luce EV, the Most Polarizing Ferrari Ever Made
    confidence 100%
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