Quartz·1 min read·easy

Ferrari's first electric car fetched $40 million at auction — setting a record for any new car

Cris Tolomia
AI Summary

A custom-built Ferrari electric vehicle, known as the Luce, sold for $40 million at an RM Sotheby's auction. This sale sets a new record for the highest price ever paid for a new car at auction.

The tailor-made Luce, chassis 0 of Ferrari's new EV program, sold at RM Sotheby's Monterey Car Week auction, beating Ferrari's own year-old record by 54%

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