A 1997 Ferrari F50 with only 106 miles on its odometer will cross the block at Broad Arrow's Las Vegas auction on October 31. The car, finished in Rosso Corsa, carries a pre-sale estimate in excess of $20 million, a figure no F50 has approached at auction before.

The odometer reading

The reading is not an estimate. Broad Arrow's senior car specialist Alexander Weaver said plugging a reader into the transmission returned the exact figure, and the house's chief challenge is keeping it from climbing while the car moves around the sale room.

The math on the estimate is stark. Ferrari asked $475,000 for an F50 in 1997, so a sale at the estimate represents a profit of $19.52 million, the equivalent of $673,000 of added value for every year since the car was new.

The car is a late-production example, the 334th of 349 built between 1995 and 1997. Completed on August 6, 1997, it shipped that December to Ferrari's official U.K. importer, Maranello Concessionaires, in Surrey, England, and it presents much as it did at handover.

The specification

The specification is complete. Alongside the Rosso Corsa paint, it carries a Nero black leather interior with red inserts, a removable hardtop with its own bespoke transport case, a three-piece Schedoni luggage set and a pair of size 8.5 Tod's driving boots made only for F50 buyers.

The F50 itself was shown at the 1995 Geneva Motor Show and built for Ferrari's 50th anniversary. It was the last Ferrari to pair a mid-mounted V-12 with a manual gearbox, here a six-speed gated unit, and it made do without power steering, power brakes or ABS.

The engine was developed from Ferrari's 3.5-liter Formula 1 unit. The 4.7-liter naturally aspirated V-12 used five valves per cylinder, titanium connecting rods and dry-sump lubrication to produce 513 horsepower and 347 ft lbs of torque.

Road & Track recorded a zero-to-60 mph time of 3.6 seconds, and Ferrari claimed a 202 mph top speed. Weaver framed the appeal in the present tense: while modern hypercars push engineering further, younger collectors are hunting an unfiltered, analog driving experience, and the F50 is the last of its kind.

The ownership history

The ownership history gives the car a story beyond its odometer. The first owner was 'Lord' Maurice Taylor of Cheshire, who reportedly bought his title online and was jailed for three years for selling a forged Lowry through Bonhams, then ordered to repay one million pounds.

It later passed to Takeshi Kimura, known as Mr. Muira, who kept it among an expansive Ferrari collection in Kashiwa, near Tokyo. By 2018 the car had reportedly reached Chinese billionaire and Instagram influencer Shin Mike Yin, whose rare exotics sit in Dusseldorf, Germany, alongside Paganis and Bugattis.

In Germany the car was serviced in March 2021 and again in February 2025. It arrived in California a few weeks ago for the sale and received a fresh service and a Ferrari Classiche inspection at Ferrari of Newport Beach ahead of the Las Vegas catalogue.

Weaver said the paint, cabin, leather and factory accessories are in perfect condition. What the estimate says about the broader market is plainer than the provenance. F50 values are climbing, yet every previous auction result lags this car's number by a wide margin.

At Mecum's Kissimmee sale in January, a 1995 F50 from the Phil Bachman Collection made $12.2 million. At RM Sotheby's Monterey auction in August, the ex-Mike Tyson F50 sold for $12.1 million, and the record belongs to a 1996 car that Mecum sold for $14.575 million during Monterey Car Week.

The auction record still stands nearly $5.5 million below this car's estimate. In our guide to the most expensive cars in the world, a 1963 Ferrari 250 GTO holds the private-sale mark at $70 million, the same universe where a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe reached $142 million at auction.

Ferrari tops our ranking of the best Italian car brands, a reputation forged in Formula One with 16 constructors' championship wins, and the marque's all-time best-seller remains the 488 launched in 2015. The F50 predates that era of volume by a generation and a philosophy.

Weaver is convinced the buyer will be a younger collector, likely one who already drives another F50 and wants the best-preserved example of the model. The house's estimate says the supercar market is wild right now and the F50 sits at the very top of that collector wave.

Broad Arrow announced the entry with the car's as-new condition as its anchor, and a Ferrari Classiche certificate to support it. No other example has come close to the estimate, which leaves the October 31 sale in Las Vegas as the test of whether a box-fresh F50 reprices the whole model.

For Ferrari, the F50 closed one technical chapter the marque never reopened. It was the final manual-gearbox, mid-engined, V-12 supercar, and a better-preserved or more complete example, as Weaver put it, would be hard to find anywhere.

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Image: Ted7, courtesy of Broad Arrow Auctions