Mike Tyson’s Ferrari F50 got sold for nearly $4 million

Posted 2017-03-23 in Car

As super-rare Ferraris go, the F50 has been subject to some unfair scrutiny. The market for these cars seems to be shifting though, as collectors make amends with the fact that the success of its forebear, the astounding F40, forced the F50 to live up to an impossible standard.

That makes the timing of this particular example exceptional. Being a part of Iron Mike Tyson’s personal collection during his storied boxing career would increase the value of any car. That this one is a range-topping red Ferrari sporting a 4.7-liter V12 from a Formula One car elevates the expected price to a lofty $3.87m. And was for sale at auction March 11th.

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In Championship Condition

RM Auctions offered the car at an event during the Amelia Island Concours. Aside from its celebrity owner, there’s a great deal to like about this red stallion. Evidently Tyson didn’t find much time to hit the road in the 90s hypercar, because the odometer reads a very low 5,700 miles, only 800 of which have been added since Tyson initially sold the car. Extremely well cared for by both Tyson and the second owner in Georgia, the car is reported never to have been driven hard. It received a thorough going-over during its stay in the south, which included a new rear seal, electronics upgrades, tires, lighting and new oil and water pumps.

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An F1 Car for the Road

If you like your cars analog, the F50 is a tough package to beat even by today’s standards. Its compact V12 produces 520 brake horsepower and is channeled through a manual six-speed transmission, a feature modern Ferraris of this ilk have done away with in favor of more advanced dual-clutch paddle-shift arrangements.

As far as performance goes, a 0-60 sprint of 3.8 seconds and 200+ mph top speed are compelling arguments that this middle-aged supercar is still very relevant today. Plus, you’ll be hard-pressed to find too many naturally aspirated 8,600 rpm high-compression V12s rolling off the production line in the years to come thanks to modern emissions standards. Even Ferrari say their 812 Superfast will be the last.

The F50s suspension was ahead of its time as well, thanks to a horizontally mounted, F1-style pushrod suspension arrangement that relies on adaptive electronic dampers to customize the ride for your speed and road condition. At a feathery 2250 lbs. there can be no doubting its responsive handling behavior. Even the engine itself is a load-bearing part of the chassis, and the body is of course made of carbon fiber.

For perspective buyers, there’s really nothing not to like about this car. Yes, it’s a sizeable sum to pay, but the car’s connection to a historical sports figure, as well as its place in Ferrari history should see that it holds its value well. It may in fact appreciate rapidly given the new light the market is beginning to see this car under. 

Find all Ferrari F50 for sale.  

 

Guest article supplied by Scott Huntington; http://offthethrottle.com/