Newshot Ferrari 499P Modificata Makes Public Auction Debut: Sells for Nearly RMB 66 Million, Cannot Be Driven on the Road or Raced
IT之家, November 12: A Ferrari built specifically for track driving recently sold at a public auction for a price that many modern race cars struggle to match.
At an auction held in Geneva, Switzerland, on November 8 local time, Gooding Christie’s sold a 2024 Ferrari 499P Modificata for CHF 8.2175 million (about RMB 65.87 million, including buyer’s premium). This was also the first time the model had appeared at a public auction.
According to IT之家, this auction was the first dedicated sale held by Gooding Christie’s in Switzerland, with total sales of CHF 21.0738 million (about RMB 170 million). The lots were mainly Ferrari models, and overall performance was quite strong.
The 499P Modificata is not a race car in the traditional sense. Ferrari launched this model so customers could experience what it is like to drive a Le Mans Hypercar-class race car without being strictly bound by racing regulations. Its technical basis comes from the 499P that won Le Mans, but it has been independently tuned for track-day driving rather than for official competition.
The car cannot obtain certification to compete in racing events, nor can it be legally driven on public roads. Its collectible value therefore comes mainly from its unique model background and extremely limited production. This is also an important reason why a car with almost no driving use could enter the auction market and attract high bids.
The first Swiss auction achieved a sell-through rate of 96%, indicating that demand for collector cars is quite strong and that the entire auction’s result was not carried by a single star model.
The 499P Modificata was undoubtedly the focus of the sale, but other Ferrari models also performed well.
A 2025 Ferrari SF90 XX Spider sold for CHF 1.58 million (about RMB 12.66 million), setting a global auction record for the model. A 2016 F12tdf sold for CHF 1.805 million (about RMB 14.46 million), making it one of the best-performing lots of the night apart from the 499P Modificata.
Two other Ferraris focused on track performance also achieved good results. A 2023 812 Competizione A sold for CHF 1.7488 million (about RMB 14.02 million), while another 2023 812 Competizione brought CHF 1.3269 million (about RMB 10.64 million).
These transaction prices show that even within the overall collector car market, limited-production Ferrari models emphasizing track performance still retain strong value.
At this auction, the average price of all sold lots reached CHF 916,300 (about RMB 7.34 million). Even though the sale gathered several rare modern Ferrari models, the 499P Modificata’s sale price was still about nine times the average.
Since the beginning of this year, Ferrari has achieved several notable results in the collector car auction market, including a record-setting F50 sale and the case of two Daytona SP3s auctioned on the same day but selling for significantly different prices.
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