ModaMiami Auction by RM Sotheby's
ModaMiami 2025 is set to take place this weekend at the Biltmore Hotel in Coral Gables. To kick things off RM Sotheby’s will hold the official ModaMiami Auction with 90 vehicles set to cross the auction block. We’ve checked out some of them in the past, in particular the IMS Museum Collection, but we haven’t looked at the trio of Ferrari Halo Cars that are being offered. All showing low mileage and all with the correct provenance and documentation.
Introduced in 2002, the Ferrari Enzo marked a significant milestone as a supercar that integrated Ferrari’s Formula 1 know-how into a road vehicle. Named after the founder of the company, Enzo Ferrari, it was crafted to honor Ferrari’s success in F1 during the early 2000s. The goal was to showcase the ultimate blend of performance and technology, incorporating cutting-edge materials, aerodynamics, and a powerful 6.0L V12 engine influenced by racing history.
Ferrari produced only 499 units initially, with an additional one intended to be gifted to the Vatican, making the Enzo highly sought-after during its time. It utilized Formula 1-inspired technology, featuring a carbon-fiber monocoque chassis, an automated paddle-shift gearbox, and a sophisticated active aerodynamics system for adjusting downforce at high speeds. Its 660-horsepower V12 enabled rapid acceleration from 0-60 mph in just 3.1 seconds and reached a top speed of 218 mph (351 km/h). In contrast to earlier Ferrari models, the Enzo emphasized precise handling and driver interaction, offering fewer electronic aids compared to contemporary hypercars.
The Enzo is regarded as one of the most iconic and influential supercars ever made, paving the way for future models like the LaFerrari. Its blend of innovative technology, impressive performance, and exclusivity has cemented its status as a legendary piece of automotive history, exemplifying Ferrari’s engineering excellence in the early 21st century.
The example being offered by RM Sotheby’s at their Miami auction is one of only five built to US-specs and finished in Rosso Corsa with Natural leather. It comes from just two previous caretakers and shows only 1,049 miles since new. It includes its owner’s manual, tool kit, original window sticker, warranty book, and a report by Ferrari expert Marcel Massini.
Estimate: $5,500,000 – $6,500,000
Launched in 1995, the Ferrari F50 was a limited-edition supercar crafted to bring Formula 1 technology onto public roads. It marked Ferrari’s 50th anniversary and succeeded the iconic F40 by emphasizing even more on race-derived engineering principles. Unlike its predecessor that used turbocharging, the F50 featured a naturally aspirated 4.7L V12 engine, inspired by Ferrari’s 1990 Formula 1 car, the 641. This engine, directly attached to the carbon-fiber monocoque, offered an authentic race-car feel, positioning the F50 as one of the most extreme road cars ever constructed.
Boasting 520 horsepower, the F50 could accelerate from 0-60 mph in just 3.8 seconds, reaching a top speed of 202 mph (325 km/h). It lacked power steering, ABS, and electronic aids, aligning with Ferrari’s ethos of delivering an unfiltered driving experience. The vehicle’s removable hardtop provided a unique open-air feature among Ferrari’s flagship models. However, its raw attributes and minimal comfort drew mixed reactions at launch, particularly when compared to the smoother competitors available then.
Ferrari produced only 349 units of the F50, making it one of the rarest and most coveted Ferraris today. Initially eclipsed by the McLaren F1, the F50 has gained appreciation over time for its engineering purity, racing heritage, and exclusivity. Today, it represents a significant era in Ferrari’s history, effectively bridging the gap between F1 performance and road-going supercars like few others have achieved.
RM Sotheby’s will offer the 154th Ferrari F50 built at their 2025 Miami auction. It’s covered just 1,351 miles since new and received its Ferrari Classiche Red Book in 2013, verifying its status as a matching-numbers car.
Estimate: $5,500,000 – $6,500,000
The Ferrari F40, introduced in 1987 to mark Ferrari’s 40th anniversary, quickly became an iconic supercar. It was the final car personally endorsed by Enzo Ferrari before his death and was crafted with a strong emphasis on speed, performance, and delivering an intense driving experience. The F40 followed the legacy of the 288 GTO and was originally meant for Group B racing, but after that series ended, it transitioned into a road-legal version.
The vehicle was designed as a stripped-down, race-inspired machine focused on lightweight construction, aerodynamics, and power. Its centerpiece was a 2.9L twin-turbocharged V8 engine producing 471 horsepower. This enabled the F40 to accelerate from 0 to 60 mph in just 3.8 seconds and reach a top speed of 201 mph, making it the fastest production car globally at its debut. The body utilized carbon fiber, Kevlar, and aluminum, maintaining a low weight of 2,425 lbs.
Unlike many subsequent supercars, the F40 lacked power steering, ABS, and traction control, providing a direct and demanding driving experience that required skill and precision. Although initially slated for a run of 400 units, demand led to the production of 1,315 cars by 1992. Out of those, only 213 were built specifically for the US market and RM Sotheby’s will be offering one of the US-spec examples at their 2025 Miami auction.
This 1991 Ferrari F40 shows just 3,435 miles since new and includes its owner’s manuals, toolkit, and original warranty book. It received its Ferrari Classiche Red Book in 2008, which is included in the sale along with a history report by Ferrari expert Marcel Massini.
Estimate: $3,250,000 – $3,750,000