Broad Arrow Auctions has pulled the wraps off a 1997 Ferrari F50 showing just 106 miles from new. It is heading to the block as the headline lot of the company's second annual Las Vegas sale. The car has barely left a garage in nearly three decades.

Chassis 107165 carries an estimate above $20 million, a figure Broad Arrow has flagged as a pre-sale expectation. The F50 crosses the block October 31 at Wynn Las Vegas as part of an auction centered on ultra-low-mileage supercars.

This F50 is the 334th of 349 examples built, making it a late-production car from the final year of the run. Ferrari built the F50 between 1995 and 1997 as a street-legal nod to its Formula 1 program, and chassis 107165 arrived near the very end of that stretch.

The car left the factory finished in Rosso Corsa over black leather with red seat inserts. It was delivered new through Maranello Sales Ltd in Egham, Surrey, one of roughly 25 F50s that went to UK buyers. Under the clamshell sits a 4.7-liter V12 producing 513 horsepower, a powerplant derived from Ferrari's 1990 Formula 1 engine rather than adapted from any road-car unit.

The car's mileage is what sets it apart from other surviving examples. Alexander Weaver, senior car specialist and vice president at Broad Arrow Auctions, called it "certainly the lowest mileage example of an end-of-an-era supercar," adding that the F50 "offers the ultimate mechanical, unfiltered driving experience, powered by Formula 1-derived technology."

Broad Arrow's catalog describes a single UK first owner who kept the car stored and unregistered, followed by export to a European collection, with limited showing and no record of extended road use.

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