1997 Ferrari 550 Maranello GTLM

Offered by Bonhams | Monaco | April 23, 2021

Ferrari’s 550 Maranello was a front-engine V12-powered grand tourer. And its design has aged very well. These were pretty hot cars in the late 1990s. But Ferrari never took them racing. Not officially anyway.

That didn’t stop some privateer teams from seeing promise from the quick car. This car was built by a French team called Red Racing, with Ferrari’s approval. It was the first 550 race car built and was campaigned from 1999-2002 in the Spanish and French GT championships along with some races in Italy. It was purchased by XL Racing in 2003 and modified to ACO LMGT specifications. Its competition history includes:

• 2003 24 Hours of Le Mans – 34th, DNF (with Ange Barde, Michel Ferte, Gael Lasoudier)
• 2004 24 Hours of Le Mans – Did not arrive

So it has Le Mans history, which is pretty cool. It’s had two owners since and retains a 600-horsepower, 5.5-liter V12. The estimate is $590,000-$830,000. Click here for more info and here for more from this sale.

Update: Sold for a shady and undisclosed amount.