Market Intelligence
Ferrari returns to Le Mans
This article explores the value of Le Mans wins by analyzing the prices of Ferraris that have won the race in the past. The author notes that few victorious cars come onto the market, but when they do, they tend to command high prices due to the demand created by their victory. The article discusses some notable examples, including the 375 Plus, which sold for over $18 million, and the 250 GTO, which sold for over $48 million. The author concludes that even less famous cars can increase in value due to their Le Mans victory. The article also notes that Ferrari's return to Le Mans in 2023 will likely have a significant impact on the value of future winning cars.
Let’s make an attempt to measure how much a win at Le Mans is worth. Not in terms of notoriety and publicity, but more simply by analysing how much Ferraris that have won go for on the market today. Nine overall victories and 27 class wins along with two second places overall, thanks to the unbeatable GTO.
The news that Ferrari will officially return to Le Mans in 2023 is significant. An important decision that will breathe life back into the legendary French race as it celebrates its centenary that same year. What is really interesting for the car collecting world is that Ferrari’s return will be in the new Hypercar class, or in other words, with a real Ferrari, made in Maranello and the sister of a road-going model that will receive the very best of this imprimatur: racing.
