Skip to main content

You paid how much for a totaled Ferrari?! ‘Fast ‘N’ Loud’ F40 just fetched $740K at auction

Apparently, it is impossible to improve on perfection.

A wrecked 1991 Ferrari F40 rebuilt by Gas Monkey Garage of the Discovery Channel show Fast ‘N’ Loud sold for $742,500 at the Barrett-Jackson collector-car auction in Scottsdale, Arizona.

The car was seemingly totaled after a service-center employee crashed it into a building, causing severe frame damage and destroying much of the original bodywork.

Always looking for a good deal, Gas Monkey’s Richard Rawlings and Aaron Kaufman snatched up the crumpled Ferrari, with a plan to restore it to better-than-new condition.

Now, it’s easy to point to a rusty Nash Rambler and think of ways to improve it, but a Ferrari F40? Really?

The F40, the 1980s technological predecessor of the LaFerrari, put all of the company’s car-building prowess onto the road. In addition to being incredibly rare, it’s still revered as one of the last truly analog high-performance cars.

Job One for Gas Monkey was simply repairing all of the damage, which was done with the help of Ferrari-certified technicians. It then got a black repaint and some sinister HRE three-piece wheels, making the rejuvenated F40 look a bit like the Batmobile.

The 2.9-liter twin-turbocharged V8 also got some attention, receiving a Tubi exhaust system, rebuilt turbos, an aluminum flywheels, and a new clutch. The result is 550 horsepower, a substantial increase over the stock F40’s 478 hp.

In the world of customization, nothing is sacred, even a limited-edition supercar. Some might say that messing with a masterpiece like the F40 isn’t a good idea, while others might appreciate the fact that one of these fantastic machines is back on the road and not in a scrap pile. That seems to be the attitude of the bidders at Barrett-Jackson.

Stephen Edelstein
Stephen is a freelance automotive journalist covering all things cars. He likes anything with four wheels, from classic cars…
Rivian R2 vs R1S: How will Rivian’s cheaper SUV compare?
The front three-quarter view of a 2022 Rivian against a rocky backdrop.

Rivian has finally unveiled the R2, its long-awaited attempt at a more affordable electric SUV. The new vehicle may not be available just yet, but fans of Rivian's design aesthetics and feature set are already looking forward to being able to order the new car. The R2 is targeted at being a more affordable take on the electric SUV and will sit alongside the flagship-tier R1S.

Let's get this out of the way right now: The R1S is most likely going to be a better vehicle than the R2. Rivian isn't replacing the R1S with the R2 — it's releasing the R2 as a more affordable alternative, and there will be some compromises when buying the R2 over the R1S.

Read more
Cybertruck production reportedly halted over pedal issue
Tesla CEO Elon Musk behind the wheel of a Cybertruck.

Tesla CEO Elon Musk behind the wheel of a Cybertruck. Tesla

Tesla’s Cybertruck has been hit by a production delay caused by an issue with a part of the vehicle, a number of media reports have claimed.

Read more
Don’t let the gimmicks fool you. The Ioniq 5 N is a serious track car
2025 Hyundai Ioniq 5 N drifting.

We’re finally getting to the fun part of automakers’ methodical quest to replicate their lineups with electric cars.

Performance versions of ordinary cars have been a staple of the auto industry for decades. But while we’ve already seen some variants of EVs boasting more power and more impressive stats — think Tesla Model S Plaid or Lucid Air Sapphire — the 2025 Hyundai Ioniq 5 N is the first to truly apply that format to an EV.

Read more