2001 Ferrari 360 Modena F1

VIN: 211

$7,504,000

Sold

Seller details

  • Auction

    Delete

  • Location

    New York, NY; US

  • Event date

    Nov 16, 2017

  • Lot

    55

Vehicle specs

  • Chassis/VIN

    211

  • Body style

    Berlinetta

  • Transmission type

    Standard

  • Engine Type

    V10

  • Horsepower

    900

  • Induction

    FI

  • Interior Color

    Black

  • Exterior Color

    Red

  • Generation

    1999-2005 Ferrari 360

Vehicle details

Notes and observations recorded by Hagerty staff.

Condition

Driven by Michael Schumacher to win Monaco and Hungary Also used for practice (usually by Luca Badoer) at Barcelona, Montreal, the Nurburgring, MagnyCours, Spa and Monza Used in the Corse Clienti program, displayed since 2006 and unused so a trip back to Maranello is essential before its fired up Marlboro identification removed to comply with current FIA rules

Market commentary

A little brand-positioning by RM Sotheby's to introduce a famous car into the contemporary art scene, an experiment that proved to be resoundingly successful, bringing an extraordinary price well above the pre-sale high estimate. Bidding was serious and reasonably fast-paced; the eventually buyer turned out to be a new client previously unknown to either RM or Sotheby's, a fact that may be even more important than the price paid, showing the draw and attraction this car and its extensive promotion had.

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