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The Ferrari Luce nameplate and prancing horse emblem sit on the rear of the electric car in Maranello, Italy, July 27, 2026. Claudia Greco
The Ferrari Luce nameplate and prancing horse emblem sit on the rear of the electric car in Maranello, Italy, July 27, 2026. Claudia Greco
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Ferrari's bespoke Luce EV one-off fetches $40 million at charity auction

August 17th, 2026 | 08:45 AM BUSINESS Autos & Transportation 2

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By Reuters

Ferrari (RACE.MI) has sold at auction a one-off, bespoke version of the Luce, its first fully electric ​vehicle, for $40 million, the Italian luxury sports car ‌maker said, adding that the money will be used for education projects to help young people.

The auction, in partnership with RM Sotheby's ​during Monterey Car Week, comes as Ferrari seeks ​to build momentum behind the Luce, which was ⁠unveiled in May as the most radical product launch ​in the company's history, but was met with a lukewarm reception.

At ​its launch, the €550,000 ($638,400) five-seat, four-door EV triggered a heated debate among Ferrari enthusiasts, analysts and on social media, drawing criticism from purists ​over its unconventional styling and its break with the ​marque's combustion-engine heritage.

The reaction prompted questions about whether wealthy clientele would ‌embrace ⁠a fully electric Ferrari, but the company last month said it was 'very pleased' with orders for the Luce, although it did not provide specific figures.

In a statement on Sunday, ​Ferrari said ​the auction ⁠price for the one-off vehicle - known as "Chassis 0" and created by its Tailor Made division ​and design centre - had set a world ​record ⁠for a new car sold at auction, surpassing the $26 million achieved by a one-off Ferrari Daytona SP3 sold last year.

The ⁠company ​said proceeds from the sale would ​support education projects in the United States and elsewhere through its Ferrari ​Foundation.

($1 = 0.8615 euros)

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  • ELECTRICCARS/
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