Monday, 17 August, 2026
Shocking Surge: Ferrari’s Electric Debut Silences Critics with Record $40 Million Auction
By TechShots Studio
Defying purist criticism over its shift away from combustion engines, Ferrari’s first-ever electric vehicle—a bespoke, one-off "Chassis 0" Luce EV—sold for a record-breaking $40 million at an RM Sotheby's charity auction. Outstripping its original $1.1 million estimate, the sale makes it the most expensive new car ever auctioned, with all proceeds benefiting educational projects via The Ferrari Foundation.
Read full story at REUTERS