1991 Ferrari F40 up for auction image

A rare and classic Ferrari F40 from 1991, previously owned by auto legend Lee Iacocca, will be optioned this Friday in Phoenix, Arizona.

The 1991 Ferrari F40 is expected to be sold from 650.000 to 750.000 USD and even if this supercar is 21 years old, it has been driven for less than 300 miles. RM Auctions are saying that the documents for the 1991 Ferrari F40 include an engraved “built especially for Lee Iacocca”. This is actually the 94th Ferrari F40 from the 213 units sold in the United States and if you’ve always dreamed of owning one, and you have the money for it of course, you can head over to the RM Auction on Friday, January 19.

As a reminder, the Ferrari F40 is a mid-engined rear-wheel drive two-door coupe sports car manufactured between 1987 and 1992 and it was the successor of the Ferrari 288 GTO. Power to the Ferrari F40 came from an enlarged 2.9 liter version of the GTO’s twin turbocharged V8 engine, which was developing a total output of 471 horsepower. The suspension setup was also similar to the GTO’s double wishbone. The Ferrari F40 was eventually replaced by the Ferrari F50 in 1992, after 1.315 units of the supercar have been made.