Few names in the automotive world evoke passion quite like Ferrari. While many models from Maranello have earned legendary status, only a select few ascend into myth. The Ferrari F40 is one of them—often regarded by enthusiasts as the pinnacle of the brand’s performance legacy. But beyond the celebrated road car lies something even more extraordinary: the F40 LM.
Now, one of these ultra-rare F40 LM GTCs is set to change hands at the prestigious RM Sotheby’s auction during Monterey Car Week this August, and collectors are already lining up for a chance to own a piece of racing history.
The Unicorn Among Legends
Developed by Michelotto Automobili for the crucible of motorsport, the F40 LM (short for Le Mans) was Ferrari’s answer to both the American IMSA series and Europe’s FIA GT championship. Just 19 were ever built, each a bespoke evolution of the F40 platform, stripped, tuned, and sharpened for track domination.
The example going under the hammer is chassis number 95448—the 14th car of the limited 19—and one of the rarest of them all thanks to its even more exclusive GTC specification. This variant boasts the highest power output of any F40, pushing a ferocious 770 horsepower from its 2.9-liter twin-turbocharged V8 engine. With a featherweight curb weight of just 1,050 kilograms, it’s a full 317 kilograms lighter than the standard road-going F40, delivering a visceral experience that few machines—road or race—can match.
A Storied Provenance
Originally delivered new to Walter Hagmann of St. Moritz, Switzerland, a noted Ferrari collector, chassis 95448 has seen a fascinating journey. After changing hands a few times—including a return to Hagmann’s ownership—it eventually found its way to private owners across Italy, France, Spain, the Czech Republic, and later the United States, Germany, and Austria. Along the way, it participated in various historic racing events, living up to its motorsport pedigree.
In 2014, the car was sent back to Michelotto for a mechanical refresh, receiving engine and gearbox servicing along with a full respray in its iconic Rosso Corsa red. Ahead of the auction, it has undergone further preparation to ensure it’s in optimal condition, including new belts, spark plugs, fuel filters, and a fresh set of Michelin Pilot Sport GT Slick S7M tires.
A Million-Dollar Myth
Expected to fetch between $8.5 million and $9.5 million, this F40 LM GTC is more than just a collector’s trophy—it’s a symbol of Ferrari’s unrelenting pursuit of performance and motorsport glory. For the few who can afford it, owning this machine is akin to holding a piece of Ferrari’s soul.
The auction is scheduled for August 16th, where the spotlight will shine brightly on Monterey—and on one of the most formidable Ferraris ever built.
Source: RM Sotheby’s
