The only things certain in life are death, taxes, and the wild prices people will pay for a Ferrari at auction. As recent evidence suggests, a limited-run Italian supercar is clearly the best way to turn $2.3 million into $18.5 million—and you can do it in less than a year.
A rather gorgeous Verde Francesca SP3 recently crossed Broad Arrow's Las Vegas auction block for $18.54 million. That's the new high-water mark for the SP3, aside from one that fetched $26 million at a charity auction.
So what makes this particular Daytona SP3 so special? A rare color combo, exceptionally low miles, and... honestly, that's it.
The 829-horsepower Daytona SP3 hits on all the Ferrari hot spots. There's no added electrification and no turbochargers. You have a mighty V12 engine that screams well above 9,000 rpm, and you have it packaged in a car that takes design inspiration from the legendary Ferrari race cars of yore.
Still, the $18.54 million hammer price reflects a fairly wild blip in the market. Especially considering another SP3 was for sale on the same day, at an auction in London. RM Sotheby's in London sold a yellow SP3 for a paltry $10.9 million. Why such a large delta between the two?
According to Hagerty , the US market is far more agreeable when it comes to tossing out big bucks for rare, low-mileage supercars. The green SP3 has just 81 miles on its odometer, versus the 2,948 miles on the yellow car. That yellow car, by the way, was apparently a Ferrari press vehicle at one point.
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