Auctions and Brokerage
Coachwork by Pininfarina
Formerly the Property of Roger PenskeA world record for a Ferrari F50 sold at auction.
Constructed in November 1995, this F50 is the 71st example completed during the limited 349-car production and one of just 56 US-specification models built. Finished in the popular livery of Rosso Corsa with matching seat inserts, this cutting-edge Ferrari was originally delivered to American motorsports legend Roger Penske.
Famed for his many accomplishments both as a driver and a team owner, Mr. Penske has excelled in a remarkable variety of racing series, including Formula 1, Can-Am, IndyCar, CART, NASCAR, and ALMS. Considering that he founded his reputation on the careful selection and preparation of advanced racing machines, it is unsurprising that Mr. Penske recognized the extraordinary character and racing heritage of the Ferrari F50.
During the first five years of Mr. Penske’s ownership, the F50 resided in the Penske Restoration garage on the outskirts of Detroit, where it shared space with contemporary supercars, classic sports cars, and Team Penske Indy winners. In later years, the F50 was maintained in Mr. Penske’s personal museum in Scottsdale. In May 2005, the car served as a featured display during the opening of the new Penske Wynn Ferrari dealership in Las Vegas. A testament to its favored status and lasting appeal, this Ferrari remained in Mr. Penske’s ownership for nearly 15 years, during which time it accrued just over 400 miles.
Since 2010, a private Connecticut collector has been a responsible steward for the F50. In the ongoing effort to preserve this exceptional Ferrari, the current caretaker has continued to provide measured exercise and scheduled maintenance. As recently as August 1, 2012, Miller Motorcars of Greenwich, Connecticut, performed an annual service that included fluid changes, a thorough mechanical inspection, and a complete cosmetic detail.
Beautifully presented inside and out, the F50 displays little evidence of wear and appears to be an ideal candidate for concours display and marque gatherings. At the time of cataloguing, the odometer displayed just 655 miles and, consistent with its minimal use, this impressive Ferrari is accompanied by its factory hardtop, hardtop crate, owner’s handbooks, tool kit, luggage, and recent service records.
As one of only 56 US-specification examples built, this F50 carries tremendous cache among collectors and, for many, is the highly sought-after missing piece in an otherwise comprehensive gathering of contemporary supercars. Beyond its rare specification, this car’s remarkable provenance, extremely low mileage, and originality place it among the most highly sought-after modern Ferraris.
Astute collectors will most certainly recognize the occasion to acquire one of the very best F50s as a rare and equally rewarding opportunity.