Ferrari’s (NYSE:RACE) F40 LM GTC Spec Limited Edition is 1 of the World’s Most Desirable HyperSupercars

Ferrari’s (NYSE:RACE) F40 LM GTC Spec Limited Edition is 1 of the World’s Most Desirable HyperSupercars

Ferrari’s (NYSE:RACE) F40 LM GTC Spec LE is 1 of the World’s Most Desirable HyperSupercars

$RACE

  • This is a very rare modern Ferrari road car gone racing

The Ferrari F40 is 1 of the most desirable supercars on the planet. And this F40 LM GTC Spec Limited Edition is 1 of the world’s most sought after HyperSupercars.

Recently listed for sale by Knight International on James Edition, this 1993 F40 LM is 1 of just 19 units produced and 1 of 4 GTC Specification cars built by the iconic Maranello outfit.

Like the road car, the F40 LM is powered by a twin-turbocharged 2.9-liter V8. But, the modifications are ‘hyper’ and the car sports 720 hp due to new-improved turbochargers, Behr intercoolers and Weber-Marelli electronic fuel injection.

There are other components distinguish the F40 LM from the road car.

For example

New bodywork has been fitted which includes extreme front and rear wings, a competition-spec 5-speed manual transmission, larger disc brakes and calipers, revised suspension and bespoke wheels and tires.

Ferrari engineers managed to shed some unnecessary weight from the road car by stripping out the interior and fitting fixed headlights in place of the road-car’s pop-ups.

Knight International says this F40 LM has just 1616 miles on the odometer.

The Big Q: The price?

The Big A: $6.1-M

Note: A 1994 F40 LM (sans GTC specs) sold at auction for $3.3-M in Y 2015.

Last week I learned that 250 GTO, s/n 4153  broke the all-time record for the most expensive car ever sold, in a private treaty transaction at nearly $70-M. Thus suggesting that prices for rare Ferraris are on the rise.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 132.81 1 Jun 2018 1.46 133.66 133.81 131.44 193,081
HEFFX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.30) Neutral (0.19) Bullish (0.28) Bullish (0.42)

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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