http://www.ferraris-online.com/pages...r=FE-F40-85015


1995 Ferrari F40 LM GTE Serial Number 85015



Michelotto was commissioned to update six F40s into F40 LM GTEs between 1993 and 1998. Each car was rebuilt to the then current BPR GT Championship specifications and so were built beyond F40 LM specs. The major upgrade was the tipo F120 B GTE engines which were revised beyond F40 LM specs and horsepower to a staggering 800bhp in unrestricted form or to 660bhp with the air–restrictors in place.
During the BPR Championship the F40 LM GTEs were easily the best looking cars on the grid despite their age. Only six GTEs were ever built by Michelotto: one in 1994, three in 1995, another in 1996 and one final car in 1998. Four went racing, all of which were updated to the latest specification each season. These four F40 LM GTEs were exceptionally quick cars that could out–perform McLaren’s mighty F1 GTRs, the GTEs taking four international wins and finishing on the podium 13 times between 1994 and 1996.
The F40 LM GTE we have on offer is one of two built for an American collector and was never actively raced. It features the 800 hp unrestricted tipo F120 B GTE engine and is the ultimate weapon to utterly devastate your neighbor’s rather mundane F40 LM at the next Ferrari club track event. Fully serviced and race–ready. In concours condition and priced right at $750,000.

 

So Ferrari is like a red-only Maserati right?

 

Nope - don't have $750k lying around and No that F40 isn't worth $750k. Typically race cars are worth LESS than their street legal counterparts(noted expection is the F50 race cars). For eg, 360 challenge and 355 challenge are usually way less than their street versions.

 

i bet you the doc is already in line for it

 

Ritesh, there were so few true F40 LMs and GTE's constructed, that they command a premium to regular F40's. I think the blue french LM is currently for sale a 1.5 million. Their rarity insures that they will always be collectible and always be hard to acquire.

The GTE on Sheehan's site has been there for a while. Some low mileage F40's in mint shape have sold anywhere from 540k-735k recently. It wouldn't surprise me if this GTE gets revised upwards in price to correct for recent sales. Someone should act quickly....

 

i'll take 2

 

You are completely wrong. The ferrari race cars get more then the street cars. Only exception is the challenge cars like the 348, 355, 360 and 430. But real race cars get a LOT of money

 

Someone doesnt know his Ferrari's. F40s have gone up in price recently, and are commanding big money. Hard to find one for under $350k.

 

SORRY! Obviously The F40 market is different. I just don't understand how that can be considered a true race car and stay up in value if it has no racing history.

 

I don't understand your comment. I never said anything about stock F40's prices and their recent prices. I was specifically talking about the race cars.

 

recent good news on an investment return...
i would totally buy it!!!! which is why i posted it !!!!
but i have run out of garage space and until my house is done, i am currently keeping 2 cars at my dads house

 

I'm not sure where you are in the Bay Area, but my company's recently retired owner has a new project in progress; a car condo! It's going to be in North San Jose I believe and supposed to hold about 75 cars and act sort of like a club house for car enthusiasts and clubs.

Edit:
Here's the newspaper link.
http://www.mercurynews.com/business/ci_6856215

I was also talking to come guys at SVAG a couple weeks back and they were supposidly working with Mr.Davis on this in some way. Interesting concept, to say the least.

 

Ho----Ly----****

 

Here is the famous blue F40LM that raced at LeMans, finished 12th overall in class, and is for sale at 1.5M

http://www.duttondirect.com/motorspo...:f40+lm/id:257

 

really good price for what it is. F40 prices have spiked recently, used to be able to get em in the 3XX's easily