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Ferrari Enzo Sets Highest Online Auction Sale

The Ferrari Enzo is the thing of dreams. It is from Ferrari. It is named after the company’s founder, Enzo Ferrari. It had a carbon fiber body twenty years ago. Additionally, it was motivated by a V12. The thing of dreams indeed, and one sample of the fine Ferrari just set a record for selling via online auction.

A rare Ferrari Enzo in red on a lawn at a a car show
The Ferrari Enzo. Displayed on the main lawn at Goodwood Festival of Speed 2018 | Photo by Martyn Lucy/Getty Images

The Ferrari Enzo history

The Ferrari Enzo was produced from 2002 to 2004. Only 400 units were made. Of those, 399 were sold, while the 400th unit was given to the Pope for a benefit auction. Needless to say, the car commanded a high dollar at the auction, selling at Sotheby’s for $1.1 million in 2005. It sold again in 2015 at auction for $6.5 million. 

The original production run of the Enzo saw the mid-engine, 651 horsepower, formula one technology-infused, rear-wheel drive beast sold to previous Ferrari owners only for $650,000, according to Car and Driver. Since then, the Enzo’s have shot for the moon in pricing as they have become available. It will surely keep rising too! 

A picture looking head on at a red Ferrari Enzo
A red Ferrari Enzo, is displayed at the Deals on Wheels luxury car showroom in Dubai on 11th April, 2018. | Dibya Chaterjee / Barcroft Media via Getty Images

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Sotheby’s auction house 

Another recent auction, also by Sotheby’s, was held with an Enzo non-Pope sample. Due to the global COVID-19 pandemic, the auction house held the event via online sale only. So, any bidders were relegated to purchasing the Enzo sight unseen. Ordinarily, this is particularly problematic. But, not with a rare Ferrari. 

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How much did the Ferrari Enzo sell for?

This Enzo only had 1,250 miles on the odometer. It is hued in an appropriate red (only red and yellow were available). It did have two owners prior, but even still, it came with the original tools, owner’s manual, and window sticker. The first owner sold it in 2018. The owner that bought it, brought it back to the Sotheby’s auction house again last week for their Driving into Summer program. The six-speed, dual-clutch, paddle-shifted, rare monster sold for $2.64 million, a new online-only auction record sale.

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Who was Enzo Ferrari?

According to Motor Web Museum, Enzo Ferrari was born in 1898. At the age of ten he went to the races. That was the genesis of his dream to work for Fiat one day. In 1919, however, he debuted as a race car driver for Alfa Romeo. In 1929 he was knighted for his sporting achievements. Later that year he founded Scuderia Ferrari. Over time, the company became known for the successes of its race cars, largely due to Enzo’s direct influence. The F40 was the last model to have Enzo’s input. Enzo passed away in 1988 at the age of 90. 

Any car showing up at auction these days with a Ferrari nameplate garners a lot of attention. Bidders and fans alike hold their breath to see what new value the car will sell at. If recent years say anything, it is that Ferrari’s are a hot commodity that sell quickly to wealthy buyers. Often times, those sales break records. In this case, the Sotheby’s auction of the Enzo did break a record for the highest online-only auction sale. With that purchase, the winner receives a rare car and a piece of Ferrari history.