Record-Breaking Sale: Exclusive Ferrari Daytona SP3 Fetches $26 Million at Auction

During the recent Monterey Car Week, auction houses showcased a remarkable array of high-end vehicles, with the standout being a one-of-a-kind Ferrari Daytona SP3 that fetched an astounding $26 million at RM Sotheby's auction. This price is more than tenfold the vehicle's original MSRP.

The extraordinary sale was conducted for a charitable cause, benefiting the Ferrari Foundation, a recognized 501(c)(3) organization dedicated to advancing educational initiatives. Additionally, this purchase represented the final opportunity to acquire a brand-new SP3 model.

Introduced in 2021 as part of Ferrari's prestigious "Icona" collection, the Daytona SP3 was limited to just 599 units, each starting at approximately $2.25 million. Drawing design inspiration from the 1960s P3 and P4 prototype race cars, the SP3 offered a thrilling alternative to the LaFerrari with its unique bodywork and the absence of a hybrid powertrain. Its immediate popularity among collectors saw market prices soar well beyond the initial MSRP, though generally not reaching the tenfold spike seen in this exceptional sale.

The particular Daytona SP3 sold was specially crafted for this event, featuring bespoke exposed carbon fiber elements and a striking yellow paint scheme adorned with the iconic Ferrari emblem running along the chassis. The interior was customized with intricate prancing horse motifs, enhancing its exclusivity and appeal.

RM Sotheby's confirmed that this transaction set a new record as the highest-priced new Ferrari ever sold at auction, and it was the top-selling vehicle at the Monterey event. The next highest sale featured another Ferrari model, the F40 LM, which achieved a price of just over $11 million, making the Daytona SP3's sale appear even more remarkable.

In the broader context of this weekend's auctions, the Ferrari Daytona SP3 stood as the most expensive vehicle sold, surpassing even historic models like the 1961 Ferrari 250 California Spyder Competizione, which commanded over $25 million at a Gooding Christie's auction.

Exquisite Design and Heritage

The Ferrari Daytona SP3 not only showcases cutting-edge engineering but also pays homage to Ferrari's illustrious racing heritage. Its design and performance capabilities make it a coveted piece for automotive aficionados and collectors alike.