Ferrari Luce (EV)

First electric Ferrari Luce sells for $40 million

Enzo Ferrari once famously quipped that he sold engines and threw the rest of the car in for free. For well over seven decades, that intoxicating, high-rpm combustion crescendo was the untouchable soul of Maranello. But when the Italian marque revealed the Luce - a quad-motor, five-seat electric super-tourer penned in partnership with LoveFrom - the traditionalists suffered a collective existential crisis.

The internet critics scoffed, sharpened their pitchforks and declared the end of Italian motoring as we know it. But in a stroke of automotive irony that only Monterey Car Week could deliver, the same Luce dismissed as silent heresy, detonated the auction record books.

Under the warm California sunshine at RM Sotheby's, the first-ever production example - officially cataloged as "Chassis 0" with VIN ZFF21BUA8T0338000 - crossed the block for an astonishing €34 million.

The pre-sale estimate conservatively predicted roughly €0.94 million, but bidders blew past it by nearly forty times, eclipsing the previous new-car benchmark set by a bespoke Daytona SP3 by a cool €12 million margin. In a single drop of the gavel, Maranello's most controversial creation became the single most expensive new car ever sold at auction.


 
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“We were discussing it amongst ourselves,” Ferrari CEO Benedetto Vigna tells us. “And there were different opinions. Personally, I thought this car might achieve $5m, but in the end it exceeded our expectations.”

To put it mildly. TG.com was present for RM Sotheby’s keenly anticipated Saturday evening Monterey auction, and it was genuinely standing room only as the ex-Nick Mason McLaren F1 GTR hammered down for a record-breaking $34.65m. We wandered by the white Ferrari Luce as we left the venue, confident that we’d witnessed the evening’s big showbiz moment.

Oops. Luce 'Chassis 0' was sold a few hours later for $40m, a sum of money that sent the internet – as we know, no fan of the electric Ferrari – into a form of rage yet to be formally identified by psychologists. Even the non-enraged wondered if Ferrari was guilty of trying to ‘save face’ by engineering an elaborate publicity stunt, underpinned by the fact that every cent of the sum raised would be going to charity. Others assumed that the buyer was engaged in a very public tax write-off.

I didn’t get to verify that with Herbie Wertheim when I met him briefly in the foyer of Pebble Beach’s main lodge 12 hours later. But I was happy to shake the man’s hand, and he certainly seemed to be in full possession of his faculties. And a rather nice red hat. Mere yards away on this most gilded of fairways were some of the finest Ferraris in the world, including a handful of 250 GTOs, a 275 GTB/4 NART Spider, and my personal favourite, a 250 GT Sperimentale Coupe.

 
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