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Would you pay R35-million for a Ferrari that's been in a crash?

2016-01-28 09:01

RESTORED ENZO: This 2004 Ferrari Enzo could sell for the equivalent of R35-million when it goes under the hammer in February 2016. Image: Sothebys

  Video

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Berlin - A rare Ferrari Enzo, rebuilt over 10 years following a horrific crash in California, will be up for auction in Paris, France in February.

The 2004 Enzo is expected to fetch between €1.5 - €2-million (the equivalent of R35-million) when it goes on sale at the Sotheby RM Auction house  in Paris on February 3.

Finished in a black tone which Ferrari calls Nero Daytona rather than the standard red, the 492kW sports car with chassis number "135564" has come back from the dead.

'Damaged in accident'

The auction catalogue says the car was "unfortunately damaged in an accident" which is something of an understatement.

According to Germany's Auto Motor und Sport car gazette, the Enzo was ripped apart after colliding with a telegraph pole at more than 250km/h. At the time it had a mere 2500km on the odometer.

Horror crash

In 2006, tech entrepreneur Stefan Eriksson famously sliced his Enzo in half when he hit a pole along the Pacific Coast Highway. Authorities charged Eriksson with nine offences - including grand theft, drunk driving, embezzlement, and illegal gun possession.

He was later sentenced to three years in prison.

Watch: Stefan's Eriksson Ferrari Crash

The engine, gearbox, rear axle and large chunks of the carbon-fibred bodywork were strewn across the highway after the crash in Malibu, California and the car was declared an insurance write-off.

Only 400 Enzos were built.

Ferrari's technical assistance service took the wreckage back to Italy where it was painstakingly reassembled at the brand's Maranello factory and updated with many modern features.

Image: Sotheby RM Auction house

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