A red 1997 Ferrari F50, front three-quarter view
Photo: Wikimedia Commons
las vegas auction

A 1997 Ferrari F50 With 106 Miles Is Expected to Top $20 Million at Wynn Las Vegas

One hundred and six miles, chassis 107165, Rosso Corsa over Nero — and an estimate in excess of $20 million. Broad Arrow's headline lot for its October 31 sale at Wynn Las Vegas is the lowest-mileage Ferrari F50 most collectors will ever see offered.

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October 18, 2026

The most valuable car in the room at Wynn Las Vegas on Halloween night will not be wearing a costume. Broad Arrow Auctions has announced that a 1997 Ferrari F50 showing just 106 miles from new will headline its second annual Las Vegas Auction on Saturday, October 31, 2026, offered in partnership with Concours at Wynn Las Vegas with an estimate in excess of $20,000,000. If the car sells anywhere near that number, it will rank among the most expensive Ferraris ever sold at public auction — and it will happen on the Las Vegas Strip, in a ballroom a short walk from the casino floor.

The single-day sale is Broad Arrow's return engagement at Wynn after its inaugural Las Vegas auction, and the F50 is unmistakably the anchor lot. In its announcement, Broad Arrow — a Hagerty company — described the car as one of the most original and lowest-mileage examples of Ferrari's 50th-anniversary supercar in existence. For a city that has spent the last decade collecting headline events, from Formula 1 on the Strip to the Super Bowl, a $20 million Ferrari hammering down on Las Vegas Boulevard is very much on brand. More of the valley's calendar is tracked in our coverage of what is happening around Las Vegas this fall.

Chassis 107165: the 334th of 349

The car is chassis number 107165, the 334th of just 349 F50s built during the model's 1995 to 1997 production run. Of those 349 cars, only about 25 were delivered new to the United Kingdom, and this example was supplied through Maranello Sales Ltd in Egham, Surrey. It is finished in the specification collectors want most: Rosso Corsa over Nero leather, with Rosso seat inserts setting off the black cabin. Nearly three decades after it left the factory, the odometer reads 106 miles — delivery mileage, in practical terms, for a car that has clearly been preserved as an object as much as it has been owned as an automobile.

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That preservation extends to the pieces that so often go missing. The F50 was delivered with a factory removable hardtop and a fitted flight case, allowing the car to run as a closed berlinetta or an open barchetta, and both accompany the car. So does the full accessory set collectors use to separate a complete F50 from an incomplete one: a three-piece set of Schedoni fitted luggage, the factory tool kit, and a pair of J.P. Tod's driving shoes made for the model. In the current market, completeness is not a footnote. It is a pricing tier.

A Ferrari F50 from the rear, showing its wing and engine cover
The F50's shape was dictated by its Formula 1-derived engineering: a carbon-fiber tub, pushrod suspension and a V12 mounted as a stressed member. Photo: Wikimedia Commons

A Formula 1 engine with license plates

The F50 was Ferrari's follow-up to the F40, built to mark the company's 50th anniversary and engineered as the closest thing Maranello had ever offered to a Formula 1 car for the road. At its center sits a 4.7-litre V12 producing 513 horsepower, derived directly from the 3.5-litre engine that powered Ferrari's 1990 Formula 1 car, enlarged and civilized — a relative term — for street use. Power goes to the rear wheels through a six-speed gated manual transmission, the open metal gate and polished lever that have become shorthand for everything modern paddle-shift supercars left behind.

There are no driver aids to speak of: no power steering, no power brakes, no traction control, no anti-lock brakes. The carbon-fiber monocoque, pushrod-actuated suspension and mid-mounted V12 were all lifted from racing practice, and the engine itself forms part of the car's structure. Where the later Enzo and LaFerrari wrapped their performance in electronics, the F50 asks the driver to do the work. That rawness is precisely why the model has been re-rated so aggressively by collectors over the past decade: it is the last of the analog Ferrari flagship supercars, and Ferrari only made 349 of them.

Why $20 million is a serious number

An estimate in excess of $20 million would have sounded implausible for an F50 not long ago; ordinary — again, a relative term — examples traded in the low single-digit millions within the last decade. Broad Arrow's announcement frames the car within a broader shift it is seeing across the auction market. The company points to climbing collector appetite for supercars of the 1980s, 1990s and 2000s, noting that modern supercars' share of total auction sales has risen to 38 percent since 2019, and that the Hagerty Ferrari Supercars Index has outperformed the S&P 500 by more than 300 points over the period it tracks. Those figures are Broad Arrow and Hagerty's own, offered as market context for the estimate rather than as a guarantee — but the direction of the market is not in dispute among specialists.

Within that market, the hierarchy is unforgiving. A high-mileage F50 with gaps in its history is one car; a 106-mile, UK-delivered example in Rosso Corsa over Nero, with its hardtop, flight case, luggage, tools and driving shoes all present, is another entirely. Low mileage matters on an F50 more than on most cars because so few were built and because the model's buyers in 1997 were largely speculators and collectors who stored them — meaning the competition for this car in the room will be against other preserved examples, not drivers. The estimate says Broad Arrow believes at least two bidders will treat chassis 107165 as effectively a new 1997 F50, still waiting for its first real owner.

Wynn Las Vegas on the Las Vegas Strip
Wynn Las Vegas hosts the Concours at Wynn Las Vegas and Broad Arrow's single-day auction on October 31. Photo: Wikimedia Commons

Halloween at the Wynn

The setting is part of the pitch. The Las Vegas Auction takes place on Saturday, October 31, as part of Concours at Wynn Las Vegas, the luxury automotive weekend staged at one of the Strip's flagship resorts — the same stretch of Las Vegas Boulevard where the valley's other fall headliners, from the Golden Knights at T-Mobile Arena to Formula 1's night race, have concentrated the city's big-event energy. A concours lawn by day and an eight-figure auction by night is a pairing built for the clientele both events draw, and Broad Arrow's second year at the property suggests the first one worked.

Bidders can register through Broad Arrow Auctions directly at info@broadarrowauctions.com or by phone at +1-313-312-0780. The F50 will cross the block on October 31 with its estimate public and its mileage — all 106 of them — as the headline. Las Vegas has hosted bigger sporting events and louder fight nights, but few single objects in this city have ever carried a $20 million expectation into a room. On Halloween, one will.

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