A $1.5 Million Ferrari F40 With No Insurance Totaled On Final Drive Before It Sold

Normally I don’t often feel sorry for supercar owners. Generally, all I know is that they put pictures online of people living cartoonish lives. I don’t hate it, I’m just saying that the hardship usually doesn’t come from the people in that particular tax bracket. However, this poor man in Australia had bad luck on the last day before the transfer of ownership of his newly uninsured Ferrari F40.

Manloses 1.5 million Ferrari F40 to.

According to The Drive, the world will be a smaller Ferrari F40 after that fateful day in July 2020. This tragic story has had several versions since its inception. In Queensland, Australia, local news initially reported that the car had been hit during a test drive, due to the dealer plates affixed to the multi-million dollar supercar.

Upon investigation, it appears that the owner of the expensive Ferrari drove it one last time before selling it the next day. People might think: Why not buy a million dollar car insurance policy? Since he was going to sell it the next day, it would make sense that he would cancel his insurance. Denouncing him would have been at least understandable, but it was also clearly stupid.

To make matters worse, it had not been driven for five years before this last outing. First, be careful with car tires when they’ve been sitting for so long. Second: The Ferrari F40 is not a Camry. It’s not a car that anyone can get in and drive. These are mid-engine supercars that are not very forgiving to begin with, and certainly not with solid old tires.

What exactly happened?

Ferrari F40 | Ferrari

APPROPRIATE: Sebastian Vettel talks about his Ferrari F50, his LaFerrari, his Enzo and other things after the breakup.

It is likely that the Ferrari drove fast enough to repair the damage at the scene of the accident. The reader mentions that the red pony car destroyed two different traffic lights, several road signs, and trees before coming to a stop in a deep hole it had dug itself. It is not difficult to understand why it was assumed that this car was driving much faster than the speed limit. It is an F40, after all. Fortunately, the driver (owner) and passenger escaped without serious injuries.

What makes the Ferrari F40 so valuable?

The Ferrari F40 is important for many reasons. Many of these reasons are purely performance-related aspects of this little red corner, but some are more intangible. One is the F40, which was released in 1987 to celebrate Ferrari’s 40th anniversary and turned out to be the last car to be marketed by Enzo Ferrari himself. It turns out people are interested in these things.

And anyone with a heart rate will notice that it rises a bit at the sight of this ultimate poster car. I won’t say it’s still fast by today’s standards, but back then it was stunning. The F40 is powered by a twin-turbocharged 2.9-liter V8 that produces 471 hp and 426 lb-ft of torque. This translates into a 0-100 mph time of 4.2 seconds.

The F40 is also extremely rare, as Ferrari only made 400 of them. In 1987, the price of a new car was $400,000 (about $900,000 in today’s money). This suggests that the value of these cars is now in the millions, due to their advanced features, limited production and cultural significance.

RIP the Australian F40. We won’t forget you.

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