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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 for how it was made. The Ferrari F40 was the last Ferrari vehicle that was personally approved 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. It’s clear that the Ferrari F40 plays a vital role in the history of Ferrari so we understand if you’re looking to learn more about this incredible model. So, how much is a Ferrari F40? Among the cost of a Ferrari F40, the experts at Ferrari Lake Forest also go over other highlights of this legendary model to help you have a better understanding of the history of Ferrari. Learn more today with our team!

How Much Is a Ferrari F40?

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. That makes the Ferrari F40 a unique option when you want to stand out on the Indianapolis, IN roads. The F40 may have been the successor to the 288 GTO, but the vehicle’s unique status commanded a higher price point.

So, how much is a Ferrari F40? The cost of a Ferrari F40 started at $399,150 in 1987. Included in that original pricing was a trip to the Ferrari factory in Italy for driving instructions. With that being said, the cost of a Ferrari F40 continues to rise today as more collectors begin their search for one of the greatest vehicles in automotive history. Here’s some more information about the cost of a Ferrari F40:

  • 1987: The retail price of the Ferrari F40 set records when it was originally offered at $399,150.
  • 1990: Nigel Mansell from Formula One sold his Ferrari F40 for a record-breaking $1.5 million. This record was held up until the 2010s.
  • 2020: Recent sales for the Ferrari F40 in 2020 and 2019 hovered around $700,000 to $900,000.
  • 2022: Lately, the price of a Ferrari F40 has started rising again well over the $1 million mark. According to Hemmings Motor News, the average asking price of a Ferrari F40 is around $1.5 million with some well-kept examples asking for as high as $1.9 million and sometimes even more, depending on condition.
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 as the performance capabilities of the F40 demanded it. While the Ferrari F40 draws plenty of attention if you drive it around Minneapolis, MN, it was designed to keep you as the driver comfortable and focused when you’re racing on the track. Race-style seating is as much about form as function, with side bolsters designed to secure the driver through tight maneuvers. It even offered the ability to equip a three-point harness when things get serious as you’re racing.

Form and function are both clear distinctions inside the Ferrari F40 as it offered an uncarpeted composite material on the floor, a simply laid-out dashboard, and a perforated vinyl headliner. All of this was designed to decrease weight as much as possible to increase handling when you’re at the track. Once you’re behind the wheel of the F40, though, any concerns with the aesthetics dissolve 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, & 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 are impressive performance figures, even for today. While the official specs reported by Ferrari were already impressive on their own, 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.

Regardless of the horsepower and torque figures the legendary engine in the Ferrari F40 produced, it’s clear that the Ferrari F40 is an innovative piece of machinery that was developed with incredible precision. All that power comes with great responsibility so it’s no surprise that stock models featured vented disc brakes on the front and rear tires, with 17-inch 245/45 tires on the front and 17-inch 335 / 35 at the rear. These large tires and performance brakes allow for handling performance that’s hard to beat.

Ferrari F40 Engine

Ferrari F40 LM Specs & History

While the standard F40 was a force to be reckoned with on the street, the Ferrari F40 LM took that prowess to the track. It featured more power, less weight, and better aerodynamics to really showcase its true capabilities. 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 brought home first place at the 4 Hours of Vallelunga. By 1995, there were four F40 LM models, and 19 total were produced.

  • 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
F40 LM

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

We’re Ferrari enthusiasts here at Ferrari Lake Forest so you can come to us if you need help searching for your dream Ferrari model. We can help you find the perfect Ferrari F40 to add to your collection in Lake Bluff. Contact us today to let us know what you’re looking for in a classic Ferrari model.

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