A covered car on the block at an evening auction

The market terminal

The market, on the record

Index levels, observed auction results, indicative model values and the documented F40 sales beneath them.

The HICON Price is revealed on September 13.

Models on file
219
Documented F40 sales
26
Results since
1989

The public record

Aguttes + Anglia Car Auctions + Artcurial + Aste Bolaffi + Auctionata Paddle8 + BINGO + Barons Manor Park Classics + Barrett-Jackson + Bonhams + Boule + Brightwells + Broad Arrow Auctions + Christie's + Classicbid + Collector cars auction (CCA) + Coys + Donington Auctions + Dore & Rees + Dorotheum + Duke's + Finarte + Gooding Christie's + H&H Classics + Historics + Iconic Auctioneers + Kruse Auctions + Manor Park Classics + Mathewsons + Mecum + Mercier + Monaco Car Auctions + Monaco Legend Auctions + Mossgreen + Oldtimer Galerie + Osenat + Pandolfini + RM Sotheby's + Rand Luxury + Richard Edmonds + Shannons + Sotheby's + Tennants + Webb's + Worldwide Auctioneers + Bonhams + Gooding & Company · auction lots · 2003–2026-07-25

40,882 lots · 30,201 completed sales. USD figures use yearly ECB average rates and retain each source’s stated basis: hammer or premium-inclusive. Asking prices and no-sales never enter volume or medians.

The HICON Price is revealed on September 13.

Completed-sale volume · USD · through 2026-07-25

2003–2026
GFCCovid20032010201520202026

Sell-through · completed / offered · through 2026-07-25

2003–2026
50%75%100%20032010201520202026

Completed-sale medians · exact yearly anchors · modeled weekly between anchors · mixed price basis · USD, log scale · years with ≥3 lots

USD 1,000USD 10,000USD 100,000USD 500,000USD 1,000,000FerrariMercedes-BenzAston MartinPorsche20032010201520202026

Highest recorded results

YearLotHouseResult · USD
20221955 Mercedes-Benz 300 SLR Uhlenhaut CoupéRM Sotheby'sUSD 141,844,500 incl. premium
20231962 Ferrari 330 LM/250 GTORM Sotheby'sUSD 51,705,000 incl. premium
20181962 Ferrari 250 GTO (£37.68M/€42.57M)RM Sotheby'sUSD 48,405,000 incl. premium
20251964 Ferrari 250 LMRM Sotheby'sUSD 39,337,664 incl. premium
20261962 Ferrari 250 GTOMecumUSD 38,500,000 incl. premium
2014The Ex-Jo Schlesser/Henri Oreiller, Paolo Colombo, Ernesto Prinoth, Fabrizio Violati 1962-63 FERRARI 250 GTO BERLINETTA Chassis no. 3851GT Engine no. 3851GTBonhamsUSD 34,650,000 hammer
20231967 Ferrari 412P Berlinetta Chassis no. 0854 Engine no. 0854BonhamsUSD 27,500,000 hammer
2013The Ex-Juan Manuel Fangio, Hans Herrmann, Karl Kling, German and Swiss Grand Prix Winning,1954 Mercedes-Benz W196R Formula 1 Racing Single-Seater Chassis no. 196 010 00006/54BonhamsUSD 27,354,250 hammer
20141964 Ferrari 275 GTB/C Speciale (£15.81M/€19.70M)RM Sotheby'sUSD 26,400,000 incl. premium
20252025 Ferrari Daytona SP3 'Tailor Made'RM Sotheby'sUSD 26,000,000 incl. premium

The analytics desk

Lot-level corpus · 36,853 lots · USD at yearly ECB averages

Results vs estimate band · 26,688 completed sales with a published band

-15%

median result against the estimate midpoint — the market pays under the ask

Below estimate 52%Within band 30%Above estimate 18%
Season composition · price basis and no-sales2003–2026
20032010201520202026
HammerIncl. premiumNo sale
Volume concentration · share carried by the top lots2003–2026
Top lotTop 5Top 100%25%50%20032010201520202026
Season heatmap · dated lots only (35,912)hover or arrow-key a cell

√-scaled shading · 941 undated lots excluded

House desk · share of the observed corpus, not the world market

HouseLotsSoldSell-throughVolumeWithin est.
Bonhams33,40324,61374%USD 3,064,311,68430%
Broad Arrow94171776%USD 327,450,156—
Gooding & Company2,5092,17487%USD 1,163,628,12131%

Marque desk · mapped lots only (52% of the corpus) · ≥50 lots

Swipe sideways for every column →

ManufacturerLotsSell-throughMedian saleVolumeLast sale
Ferrari2,10570%USD 190,200USD 944,372,3322026-05-31
Porsche2,21371%USD 128,900USD 415,572,5892026-05-31
Mercedes-Benz2,05875%USD 72,952USD 404,321,9072026-06-13
Aston Martin2,11776%USD 129,786USD 373,392,0082026-05-31
Bugatti30871%USD 385,069USD 236,206,0282026-05-03
Jaguar2,31573%USD 64,130USD 210,719,8482026-05-31
Bentley1,33572%USD 68,695USD 159,902,3512026-05-31
Rolls-Royce1,79473%USD 45,793USD 133,297,0752026-06-13
Lamborghini35371%USD 221,634USD 122,761,5242026-04-24
Alfa Romeo76770%USD 64,679USD 121,646,0912026-05-31
Ford1,75877%USD 24,394USD 93,194,9562026-06-13
Maserati49674%USD 112,797USD 83,350,3462026-04-24
BMW64373%USD 53,351USD 74,742,2982026-05-31
McLaren8962%USD 290,000USD 71,684,5892026-05-03
Lancia47364%USD 73,878USD 47,298,5172026-04-24
Duesenberg5770%USD 405,000USD 37,810,9382026-06-13
Shelby17869%USD 115,000USD 33,954,9952026-03-05
Toyota9490%USD 41,000USD 7,474,8062026-01-30

The results browser

36,853 lots · 27,504 completed sales · incl. Broad Arrow — the aggregate instruments above read the two-house index

2026 · 912 lots · 770 sold · USD 316,529,363 volume

0 lots in view · USD at yearly ECB averages

The master index

What each model is worth — in total

Units × average value = model market cap. The two lenses disagree on purpose: the most valuable model on earth is not the most expensive car.

Tier 1 · over USD 1,000,000 · indicative USD
The ten togetherUSD 24,550,000,000

Units × average value = model market cap. From the HICONIUM master list; every figure indicative, pending full research. The two lenses disagree on purpose — the most valuable model on earth is not the most expensive car.

The record

Every price stands on a ledger

The reference file in public: thirty-seven years of documented F40 results and an indicative survival view pending a chassis census. This is the standard each model file is being brought to.

Ferrari F40 · documented results

As recorded

  • 2026F40 1991 · 87345 (320 mi, ex-Iacocca)RM Sotheby's Monterey — Road-car recordUSD 8,365,000
  • 2026F40 · 87568Mecum IndyUSD 5,170,000
  • 2026F40 · 84105Broad Arrow Villa d'EsteEUR 2,931,250
  • 2026F40 1989 · 83620 (1 799 km)RM Sotheby's MonacoEUR 4,336,250
  • 2026F40 · 87219Broad Arrow Amelia IslandUSD 3,800,000
  • 2026F40 1992RM Sotheby's MiamiUSD 5,230,000
  • 2026F40 1992 · 91211 (865 mi)Mecum KissimmeeUSD 5,830,000
  • 2026F40 1992 · 93607 (458 mi)Mecum Kissimmee — Then road-car recordUSD 6,600,000
  • 2025F40 · 90667Bonhams ZouteEUR 2,645,000

26 results on file, 1989 to 2026 · some bubble-era figures indicative

The full ledger, in the file

1’311 built. Fewer remain.

One dot per car. The dark ones are the crashes, the fires, the parts donors — the reason a documented survivor is never just another F40.

1’270 on file41 believed lost · indicative, pending the census

The method

Prices that can be defended

Observations

Documented results only

Public auction results, recorded private sales and verified asking prices, each dated, sourced and currency-normalised before it may touch a price.

The spectrum

A range, not a point

Where the record is sufficient, a model file may show a range over comparable sales — with its basis stated.

Confidence

Signalled, never implied

Thin ledgers make wide spectra. Where the record is sparse the figure says so, and the file shows exactly which sales carry it.

Every figure indicative, pending full research — the ledger says which.

The model index

Every documented model as one ledger — A–Z, by era, by country.

Open the index

The season

The auctions and concours whose results feed this ledger, dated from the organisers.

The auction calendar

The standards

The verification rules that decide what may touch a number, in the open.

How we verify