Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Ferrari’s first EV sells for staggering $40M at Monterey auction
Business

Ferrari’s first EV sells for staggering $40M at Monterey auction

Buddy DoyleBy Buddy DoyleAugust 17, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email

Ferrari’s first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California.

The 2026 Ferrari Luce “Tailor Made,” identified as “Chassis 0,” is the first production chassis from the Italian luxury automaker’s new electric vehicle program, according to RM Sotheby’s.

The one-of-a-kind Ferrari was sold during RM Sotheby’s Monterey auction, with all proceeds benefiting educational initiatives through the Ferrari Foundation, a 501(c)(3) public charity. The buyer’s premium was waived for the sale.

The Luce marks a major milestone for Ferrari as the company enters the fully electric vehicle market. Ferrari has described the model as the first fully electric car in the Prancing Horse’s history.

FORD BOOSTS US LINCOLN PRODUCTION AS IT PHASES OUT IMPORTS FROM CHINA

The $40 million example was configured through Ferrari’s Tailor Made personalization program and features several details developed specifically for the vehicle.

Its exterior is finished in Madreperla Semi-Gloss paint, which Ferrari says produces iridescent reflections that shift from green to violet depending on the angle and intensity of the light.

Ferrari Luce

Inside, the Luce features Perla-colored Le Mans metallic leather made from specially selected Swiss hides, along with Grigio Corvara secondary elements instead of traditional black trim.

Ferrari also equipped the car with dedicated wheels, bespoke brake calipers and special Ferrari badging set against an optical white background. A plaque identifies the vehicle as “Chassis 0,” distinguishing it as the first production chassis in the Luce program.

Ferrari Luce

The winning bidder will not take immediate possession. Following the auction, the car is expected to return to Ferrari’s headquarters in Maranello, Italy, with final delivery currently scheduled for the first quarter of 2027.

CLICK HERE TO GET FOX BUSINESS ON THE GO

The vehicle was built to U.S. specifications. If it was purchased by a buyer outside the U.S., that buyer will be responsible for export, import and federalization requirements, according to the auction listing.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleLA teachers patrol for ICE before class as DHS blasts enforcement ‘false narrative’
Next Article The Thompson Submachine Gun

Related Articles

Buc-ee’s opens first Arkansas location as chain expands across US

August 17, 2026

Is Miami really costlier than New York City? Why top developers say the math still favors Florida

August 17, 2026

Granola sold nationwide on Amazon recalled over salmonella contamination fears

August 16, 2026

A historic shortage is squeezing an American dinner staple and relief could be years away

August 16, 2026

Armed suspect with machete, pickaxe detained by customers during Costco jewelry heist: reports

August 16, 2026

Safeway closing more stores as Albertsons reshapes footprint after failed Kroger merger

August 16, 2026

Maker of ice cream sold at grocery stores nationwide files for bankruptcy as it appeals $23.8M judgment

August 16, 2026

Mark Cuban tells Ro Khanna ‘you don’t understand business,’ threatens investment shift over billionaire tax

August 16, 2026

Waymo gets regulatory approval to scale up robotaxi service across California, enter 2 new markets

August 16, 2026
Don't Miss

House Republican suggests Sen Darline Graham is an ‘ally’ for the ‘swamp’

Walker Buehler takes the mound as red-hot San Diego Padres face Mets in series opener

Buc-ee’s opens first Arkansas location as chain expands across US

Ilhan Omar staffer shredded for downplaying healthcare CEO’s killing after Luigi Mangione guilty plea

Latest News

The Thompson Submachine Gun

August 17, 2026

Ferrari’s first EV sells for staggering $40M at Monterey auction

August 17, 2026

LA teachers patrol for ICE before class as DHS blasts enforcement ‘false narrative’

August 17, 2026

Tupac Shakur murder trial kicks off as Duane ‘Keffe D’ Davis faces jury nearly three decades after shooting

August 17, 2026

US awards Raytheon $22.9B Tomahawk deal as Trump dismisses weapons stockpile concerns

August 17, 2026
Copyright © 2026. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.