This Ferrari F40 LM Could Become the Most Valuable Yet

With only 19 units ever built, this 1993 Ferrari F40 LM stands as one of the rarest and most sought-after versions of the legendary F40. Now, one of these exceptional machines is set to cross the auction block during Monterey Car Week, with an estimated selling price between $8.5 million and $9.5 million.

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Vrrphaa Team

7/23/20252 min read

One of Just 19: The 1993 Ferrari F40 LM Heads to Auction

With only 19 ever built, the 1993 Ferrari F40 LM isn’t just rare—it’s mythical. And now, one of these ultra-exclusive track monsters is hitting the block at Monterey Car Week, expected to fetch between $8.5 million and $9.5 million.

A Race Car in Its Purest Form

This particular F40 LM, chassis #95448, is the 14th of the 19 ever made and is tuned to GTC spec—the most brutal version of them all. Forget the "civilized" F40: this one packs a twin-turbo 2.9L V8 screaming at 760 horsepower (that’s nearly 300 hp more than the road car). And thanks to a ruthless 700-pound weight loss (down to just 2,315 lbs), it’s a featherweight with a sledgehammer punch.

Delivered new to Swiss collector Walter Hagmann in 1993, this LM didn’t just sit in a garage—it raced across Europe, tearing up tracks in Italy, France, Spain, and the Czech Republic. After passing through a few lucky owners, it got a full factory-grade restoration by Michelotto in 2014, complete with a fresh Rosso Corsa respray and a mechanical rebirth.

Ready to Dominate—Again

Before its auction debut, it’s been treated to:
✔ New fuel bladders
✔ Fresh timing belts, spark plugs, and fuel filters
✔ Brand-new Michelin Pilot Sport GT Slick S7M tires

Why This F40 LM Is Special

🔥 1 of only 19—period.
🔥 GTC-spec engine (760 hp—the baddest F40 ever).
🔥 Ferrari Classiche Certified (matching-numbers engine & transaxle).
🔥 Full history file, including factory docs and a Marcel Massini report.
🔥 Award-winning—took honors at 2025 ModaMiami concours.

The Ultimate Ferrari Collector’s Prize

The F40 LM wasn’t just modified for racing—it was born for it. With bigger turbos, race-spec aero, and a stripped-out cockpit, it was a terror in IMSA and FIA-GT competition.

If you want a true, no-compromise Ferrari race legend, this is it. And with numbers this low, chances like this don’t come around twice.

Will it break records? All eyes are on Monterey.

Auction Quick Facts:

🏁 Event: RM Sotheby’s Monterey
📅 Date: August 16, 2025
💸 Estimate: $8.5M–$9.5M
🔢 Lot #260

(Photos: RM Sotheby's)