Michael Jordan’s Ferrari 550 Maranello Sold for a Record $2.7 Million
The custom 1997 Ferrari 550 Maranello had a seat fitted for Jordan and inspired the Air Jordan 14, according to Joopiter.
- Michael Jordan's 1997 Ferrari 550 Maranello sold for a record-setting $2.7 million at auction on Wednesday through Joopiter Auctions, concluding bidding on the custom grand tourer.
- Jordan purchased the vehicle in May 1997 after winning his fifth NBA championship with the Chicago Bulls and customized the driver seat to fit his 6'6" frame.
- With just 1,900 miles on the odometer, the Ferrari features a Rosso Barchetta finish and retains its original "Tipo F133A 5.5-litre naturally aspirated V12, producing 485 horsepower through a six-speed gated manual, with a top speed of 199 mph," Joopiter noted.
- Bidding more than doubled Joopiter's $1.3 million estimate, following a week of high-profile memorabilia sales. On Tuesday, a jersey Jordan wore in the 1998 NBA Finals sold for $12.26 million.
- Nike designer Tinker Hatfield used the vehicle as inspiration for the Air Jordan 14, incorporating design elements like the Prancing Horse badge. The car resurfaced this year after 24 years out of the public eye.
23 Articles
23 Articles
Michael Jordan's Ferrari Maranello Sells for $2.7 Million After It Went off the Radar for 24 Years
Michael Jordan’s custom 1997 Ferrari 550 Maranello has just sold for $2.7 million, shattering the original pre-sale estimate of $700,000 to $1.3 million and setting a new public auction record for this model. The car was auctioned off through Pharrell Williams’ online auction house, Joopiter. This is the car that went off the radar for 24 long years. Ferrari built just 3,083 550 Maranellos between 1996 and 2... (continue reading...)
Michael Jordan's Ferrari 550 Maranello has been auctioned at an auction for a record price of 2.7 million dollars.
The legendary 1997 Ferrari 550 Maranello sports car, once owned by basketball icon Michael Jordan, has caused a real sensation on the collector's scene and broken price records for the model after being sold at auction for a staggering $2.7 million. The Italian coupe, powered by a naturally aspirated V12 engine, had a long and mysterious fate, after it sank into complete oblivion and disappeared from the eyes of automotive historians and collect…
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