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RARE 1993 Ferrari F40 LM GTC Set to Headline at RM Sotheby’s Monterey Auction

by Jordan Aquistapace
July 21, 2025
in Auctions, F40, Ferrari News
A red Ferrari F40 LM is parked on a cobblestone driveway in front of an ornate building with columns and arches, reminiscent of the elegance seen at RM Sotheby's Monterey Auction.

The Ferrari F40 needs no introduction, but the F40 LM by Michelotto takes this iconic supercar to an entirely different level.

Born from a racing vision in the late ’80s, the LM was developed after Daniel Marin of Ferrari importer Charles Pozzi SA pushed for a competition-spec version. With Ferrari’s blessing, Michelotto transformed 19 F40s into LMs, purpose-built for track domination. Among them, a few were further upgraded to GTC specifications, delivering the most potent evolution of the breed. Chassis 95448, the 14th LM built, is one of those rare few, showcasing a documented legacy that spans European circuits and concours lawns alike. RM Sotheby’s is set to feature this F40 LM as one of its headline lots during the upcoming Monterey Car Week auction, which is sure to draw attention from serious collectors and vintage motorsport worldwide.

This particular F40 LM wears its racing DNA proudly. Finished in classic Rosso Corsa with plexiglass sliding windows and aerodynamic tweaks like a revised front end and large rear wing, it looks every bit the track weapon. Every detail is functional, from the lightweight body to the OZ magnesium wheels. While originally completed in 1992, this example has undergone multiple refreshes, most notably a factory repaint and tuning at Michelotto in 2014, preserving its authenticity while guaranteeing it remains in top-tier condition. Whether seen at Mugello in the ’90s or on display at ModaMiami in 2025, it still turns heads wherever it goes.

Inside, the car sticks to a no-nonsense race-ready vibe. Cloth-trimmed seats, harnesses, and a pared-back competition-style dash define its cockpit. There’s no fluff; just what you need to focus on speed and precision. The current interior stays true to the original factory spec, as verified by Ferrari Classiche certification, confirming the numbers-matching engine, transaxle, and coachwork. While the physical “Red Book” is missing, digital documentation confirms full transparency for serious collectors. This F40 LM was always meant to be driven hard, and its careful maintenance history and detailed service records, including a recent $67K overhaul, show it’s been treated accordingly.

Of course, the heart of this F40 is its monster GTC-spec engine. Producing an incredible 760 horsepower, nearly 300 more than a standard F40, this twin-turbo V8 is paired with upgraded cooling, suspension, and braking systems. The performance specs are also impressive: 0–120mph in under 10 seconds, sounding like a turbocharged symphony. It’s the kind of analog power delivery that’s increasingly rare, making this LM a thrilling drive and a legitimate piece of motorsport history. With its clean documentation, original components, and unmistakable presence, this 1993 Ferrari F40 LM by Michelotto represents the top of the food chain for Ferrari collectors and historic racers alike.

View All RM Sotheby’s Inventory

 

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Source: RM Sotheby’s


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