Ferrari’s first all-electric car sells for $40M, nearly 40 times initial estimate of $1.1M

Ferrari’s Luce “Chassis 0” sets a new auction record after selling for $40 million at charity auction. Ferrari’s first all-electric vehicle has made history even before reaching its buyer. A bespoke 2026 Ferrari Luce, identified as “Chassis 0” and described as the first production chassis from the Luce programme, sold for exactly $40 million at an RM Sotheby’s charity auction in Monterey on Saturday.As Road & Track reported, the record-breaking sale makes the electric Ferrari the most expensive new car ever sold at auction. The auction house waived its buyer’s premium, meaning the entire $40 million will go to The Ferrari Foundation, which plans to use the proceeds for future educational initiatives.Despite the eye-watering sale price, the buyer will not take delivery of the car until the first quarter of 2027. The vehicle is expected to return to Ferrari’s headquarters in Maranello before being delivered.Ferrari Luce breaks previous $26 million recordFerrari Luce packs four electric motors, 1,050 cv of power, a 310 km/h top speed and a 530 km claimed range.The $40 million sale surpassed the previous record set in 2025, when a customised Ferrari Daytona SP3 sold for $26 million...