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Ferrari F40: Price, Production & History

Ferrari F40 Blurred by Speed

The mid-engine rear-wheel drive Ferrari F40 was produced from 1987 to 1992, designed to celebrate the 40th anniversary of Ferrari (and was followed by the F50). The performance and style draw Chicago drivers to the F40, but for many collectors, this is a particularly special model not for what it is but how it was made. The Ferrari F40 was the last Ferrari vehicle that was personally approved of by Enzo Ferrari — it was, of course, the fastest, most powerful, and most expensive vehicle for sale when it was produced.

The Ferrari F40 began as an idea as early as 1984, the dream of a small and dedicated team that was required to work on the design outside of their normal business hours. With the FIA’s dissolution of their Group B category in 1986, Enzo Ferrari had five 288 GTO Evoluzione models that were adapted and made roadworthy. From there, the body of the F40 was designed by studio Pininfarina and in just under a year, the F40 was in showrooms.

Ferrari F40 Price and Production

Although the production run was originally planned to be limited to 400 units, a total of 1,311 Ferrari F40 models were produced, with 213 arriving in the United States. The F40 may have been the successor to the 288 GTO, but the vehicle’s unique status commanded a higher price point: the Ferrari F40 price started at $399,150 in 1987. Included in that original pricing was a trip to the Ferrari factory in Italy for driving instructions.

The Ferrari F40 retail price set records, but so did its resale price. Formula One driver Nigel Mansell sold his F40 in 1990 for over $1.5 million, which held its record until the 2010s. Owning Mansell’s Ferrari clearly drove the F40 price up, but recent sales were around $900,000 in 2019 and in the $700,000s in 2020.

Ferrari F40 on Display

Ferrari F40 Interior

The F40 interior looks less like previous models than it does track-tested Ferrari race cars, and with good reason: the performance capabilities of the F40 demanded it.

Race-style seating is as much about form as function, with side bolsters designed to secure the driver through tight maneuvers. Built capable of hosting a three-point harness, the F40 interior was built around drivers who wanted to get the most out of their investment.

While the interior of the F40 has certainly become iconic, it is for its marriage of form and function. The floor is an uncarpeted, uncovered composite material, the dashboard is a simple gray, and the headliner is a perforated vinyl.

Once you’re behind the wheel of the F40, though, any concerns with the aesthetics dissolve away as it becomes clear this car was built for speed. The interior design was a smart move, allowing the driver to focus on the intuitively oriented dashboard and function as one with the car.


Ferrari F40 Interior Concept

Ferrari F40 Engine, Tires, and Specs

With such a unique interior, the Ferrari F40 engine needed to back up its performance specs and show its chops on the track. Regarded as the first 200-mph production car, the F40’s 2.9L twin-turbo V8 generated 471 hp and 426 lb-ft of torque.

These were the official specs reported by Ferrari, but many experts agreed that this was an underestimate, with claims that the Ferrari F40 easily broke 500 hp. The F40 engine allowed it to hit 100 km/h (62 mph) in just 4.1 seconds, let it clear 400 meters in 11.9 seconds and travel a kilometer in just 20.9 seconds.

Stock models featured vented disc brakes on the front and rear tires, with 17-inch 245/45 tires on front and 17-inch 335 / 35 at the rear.

Ferrari F40 Engine

Ferrari F40 LM Specs & History

  • Engine Type & Size: 2.9L Twin-Turbo V8
  • Horsepower: 720 hp at 7,500 RPM
  • Transmission: 5-speed
  • O-60 mph: 3.1 seconds
  • Top Speed: 229 mph

While the standard F40 was a force to be reckoned with on the street, the Ferrari F40 LM took that prowess to the track. Debuting during the Laguna Seca Raceway round of IMSA (International Motor Sports Association), the F40 LM was piloted by Jean Alesi, who finished third. In its third season at IMSA, it was driven by guest drivers, including Jean-Pierre Jabouille, Jacques Laffite, and Hurley Haywood, bringing home three third places and a second place.

The F40 LM’s time at IMSA was short, but it became a regular sight in domestic GT series, including the JGTC. And in 1994, the Ferrari F40 LM’s specs bringing home first place at the 4 Hours of Vallelunga. 

By 1995, there were four F40 LM models, and 19 total were produced.

F40 LM

Searching for a Ferrari F40 for Sale? Contact Ferrari Lake Forest

At Ferrari Lake Forest, we help Chicago drivers to find the Ferrari they’ve been searching for. If you’re searching for a Ferrari F40 for sale near Chicago to fill a coveted spot in your garage, we want to help. Contact us today to let us know what you’re looking for in a classic Ferrari and how Ferrari Lake Forest can help you bring one home.

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