Ferrari Enzo Shatters Record, Triples Previous Sale Price—Discover the Real Reason

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Ferrari Enzo Shatters Record, Triples Previous Sale Price—Discover the Real Reason

The recent auction of Phil Bachman’s esteemed Ferrari collection has created waves in the automotive world. The event, held by Mecum Auctions, featured a series of record-breaking sales, headlined by the iconic Giallo Modena Ferrari Enzo.

Ferrari Enzo Breaks Auction Records

The standout sale of the weekend was a Ferrari Enzo that fetched an astonishing $17.875 million. This sale shattered the previous record for the model, which was just over $6 million earlier in 2023.

This particular Enzo is one of only 36 produced in the vibrant Giallo Modena color, and it boasts extensive factory customization. With only 649 miles on the odometer, this Enzo has spent most of its life in pristine condition, receiving several awards over the years.

Other Significant Sales

  • Phil Bachman’s 288 GTO sold for $8.525 million, nearly doubling its previous record.
  • A 458-mile F40 changed hands for $6.6 million.
  • The Ferrari F50 fetched $12.21 million, setting a new benchmark for that model.
  • A LaFerrari Coupe sold for $6.71 million, while the Aperta version achieved $11 million.
  • A 599 GTO sold for $3.96 million.
  • Additional highlights include a 430 Scuderia Spider 16M at $1.98 million and a 360 Challenge Stradale for $1.155 million.

The Phil and Martha Bachman Foundation

The auction’s proceeds are set to support The Phil and Martha Bachman Foundation, which has raised speculation regarding the elevated sale prices. However, the foundation’s involvement was tied to an earlier agreement between Dana Mecum and Bachman’s family, rather than a direct influence during the auction.

Despite the charitable link, it is essential to note that bidders were purchasing directly from Mecum Auctions, not contributing to any charity during the bidding process.

This extraordinary auction not only highlights the rarity and desirability of these vehicles but also underscores the growing interest in collecting high-end Ferraris, where prices continue to reach new heights.