He's selling his Ferrari V12—which is like new—for $17 million, a record… in 27 years, it's only been driven 18 miles

A Ferrari F50 A 1997 model with just 106 miles on the odometer was just sold for $17 million at an auction organized by Broad Arrow in Las Vegas. This is a record for this legendary model, whose history is just as fascinating as its condition. Because behind this Ferrari Behind its "almost new" appearance lie nearly thirty years spent in the hands of particularly careful collectors.

A Ferrari F50 that has hardly ever been driven

With only 349 units produced between 1995 and 1997, the Ferrari F50 is one of Maranello’s most sought-after models. The one that has just changed hands bears the number 334, making it one of the last to be produced. What makes it special? In nearly thirty years, it has traveled only 106 miles—about 170 kilometers. This exceptionally low mileage makes it one of the least-driven F50s in the world.

Presented in its original configuration, with its Rosso Corsa body and Nero leather interior featuring red accents, it even still has the sticker from the British dealership Maranello Sales on its windshield. But how could a Ferrari like this have so few kilometers on it?

From the United Kingdom to Japan: 7 miles in 16 years

It was on Instagram that one of its former owners, Mr. Miura, shared the story of this particular car through his Instagram account. In the late 1990s, he received a call from a German contact living in Osnabrück. The man offered him a Ferrari F50 in like-new condition, stored at the British dealership Maranello Sales, with only 88 miles (142 km) on the odometer.

The Japanese collector agreed immediately. The car arrived at Narita Airport in March 1999, before joining his collection. He kept it for more than sixteen years, until July 2015. When he finally decided to part with it, the odometer read only 95 miles, or 153 kilometers. In sixteen years, he had driven only about 11 kilometers behind the wheel!

Then 11 miles traveled over 11 years

In July 2015, a Chinese collector named Fu Songyang approached him to ask if he would sell him the Ferrari. The Japanese owner agreed. And apparently, the new owner shares the same philosophy of preservation. When he put the F50 up for auction in October 2026—eleven years later—the odometer read 106 miles. In those eleven years, the Ferrari had traveled only 11 additional miles—less than 18 kilometers. On Instagram, its former Japanese owner says he is happy to see that the new owner has taken just as good care of the car as he did.

Now 75 years old, the former Japanese owner of the F50 also points out that he never collected Ferraris and Lamborghinis as an investment. An enthusiast for some thirty years, he explains that he kept his cars for pleasure and pride, their incredible increase in value being merely a consequence of the passage of time.

A Formula 1 V12 engine that has become a collector's item

Beneath its bodywork, however, lies a powertrain designed to be put to work: a 4.7-liter naturally aspirated V12 engine producing 513 chevaux, inspired by Ferrari’s experience in Formula 1, paired with a six-speed manual transmission. This particular car also retains its removable roof, its Schedoni luggage, its driving shoes, and its original tool kit.

Estimated at more than $20 million before the auction, this F50 was ultimately sold $17 million as of October 31, 2026, setting a new record for the model nonetheless. A staggering sum for a Ferrari that, in nearly three decades, has hardly ever left its garage.