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Florida Billionaire Buys Ferrari EV for $40M

Wall Street Journal US Business •
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Philanthropist Herbert Wertheim paid a record price at auction for a Ferrari Luce sports car in the name of charity. The event, hosted by Christie's, saw the sleek electric coupe fetch $40 million, a figure that stunned collectors and automotive enthusiasts alike.

The auction took place in Florida on a sunny Sunday, with the proceeds earmarked for the St. Jude Children's Research Hospital. The car’s limited production run, combined with Ferrari’s storied heritage and the growing demand for high‑performance EVs, contributed to its historic sale.

Observers noted that the bidding war intensified as the charity angle resonated with bidders seeking to support a cause while acquiring a rare automotive masterpiece. The record‑setting кофель is expected to elevate the status of the Ferrari Luce as a coveted collector’s item.

The sale underscores the intersection of philanthropy and luxury automotive markets, hinting at future trends where high‑end EVs may become prized assets for charitable auctions.