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First Ferrari Luce EV Sells for Mind-Blowing $40 Million at Auction

First Ferrari Luce EV Sells for Mind-Blowing $40 Million at Auction

Ferrari proves a point as $40M Luce charity auction record silences styling and EV critics

Auto News
08/17/2026

When Ferrari unveiled the Luce—its first-ever all-electric model—earlier this year, purists and online critics were quick to voice their skepticism. Between its unorthodox five-seat liftback silhouette designed in collaboration with Jony Ive’s LoveFrom studio and its total departure from traditional internal combustion heritage, the controversial EV faced an immediate wave of public backlash. However, Maranello just proved that desirability is ultimately measured where it counts most: the auction block.

At the RM Sotheby’s auction during Monterey Car Week, the very first production chassis of the Ferrari Luce (Chassis #0) sold for a staggering $40,000,000. Offered without reserve, every single dollar of the historic hammer price will be donated to The Ferrari Foundation to support various educational initiatives.

Ferrari Luce auction at RM Sotheby's Monterey Auction

The result completely obliterated its initial pre-auction estimate of $1.1 million, establishing it as the most expensive new production vehicle ever sold at an auction. It also eclipsed the previous record for a new car sold for charity—previously held by a bespoke Ferrari Daytona SP3 that fetched $26 million. RM Sotheby's even waived its standard buyer's premium to ensure the entire $40 million payout goes directly to the philanthropic cause.

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The specific unit sold is a one-of-a-kind "Tailor-Made" example finished in a Madreperla Semi-Gloss exterior—a special mother-of-pearl paint mixed specifically for this car—paired with a Le Mans metallic leather interior in Perla.

Underneath its polarizing skin, the Luce is powered by a quad-motor, all-wheel-drive electric powertrain generating a total output of 1,050 horsepower. Fueled by a 122 kWh battery pack with an 800V architecture, the five-seat EV sprints from 0 to 100 km/h in just 2.5 seconds and tops out at 310 km/h.

While the styling and electric shift initially caused a stir among traditionalists, the record-setting $40 million charitable sale sends a clear message. Ferrari's brand power and commitment to pushing boundaries remain as potent as ever, turning one of its most divisive creations into a massive win for both collectors and charitable causes worldwide.

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