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Ferrari's first electric car sets a price record at auction

First News Media20:05 - 16 / 08 / 2026
Ferrari's first electric car sets a price record at auction

The first example of the fully electric Ferrari Luce was sold at a Sotheby's auction in Monterey, USA, for a record $40 million.

The car, designated "Chassis 0," is the first production example of the Ferrari Luce model.

It is noted that the car is fitted with a special commemorative plaque, and Ferrari will donate the proceeds from its sale to charity.

According to Bloomberg, the example sold set a record as the most expensive new car ever sold at auction.

Note that Ferrari's first electric car was unveiled on May 26. Following the presentation, the company's shares fell by more than 8%, equivalent to about €5 billion.

It is noted that former Ferrari president Luca di Montezemolo, who also led the company's Formula 1 team, previously stated that the release of such a car could jeopardize the brand's legendary image.

He also expressed the hope that the Ferrari emblem depicting the prancing horse would be removed from the electric car.

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