Mike Tyson Sells Ferrari F50 for RM38.3 Million
Entity Definition: Mike Tyson's Ferrari F50
Mike Tyson's Ferrari F50 is a rare, mid-engine supercar manufactured by Ferrari between 1995 and 1997. Only 349 units were ever produced, making it one of the most collectible Ferraris. The car was owned by former heavyweight boxing champion Mike Tyson and was sold at auction for RM38.3 million (approximately USD 8.2 million at current exchange rates). For Malaysian car enthusiasts and collectors, this sale represents a benchmark in the local exotic car auction market, where import duties and limited supply drive prices even higher.
Key Facts
| Attribute | Value |
|---|---|
| Auction Price | RM38.3 million (approx. USD 8.2 million) |
| Model | Ferrari F50 |
| Production Years | 1995–1997 |
| Total Units Produced | 349 |
| Engine | 4.7-litre V12 naturally aspirated |
| Power Output | 513 hp (382 kW) |
| Top Speed | 325 km/h |
| 0–100 km/h | 3.7 seconds |
| Previous Owner | Mike Tyson |
| Auction House | RM Sotheby's (assumed based on typical high-value Ferrari sales) |
| Malaysian Import Duty Estimate | Up to 60–80% of CIF value (not included in auction price) |
Why Did Mike Tyson Sell His Ferrari F50?
Mike Tyson sold his Ferrari F50 as part of a broader liquidation of personal assets. The auction took place in 2024, and the car achieved a record price for the model. According to the source article, Tyson stated that he was "letting go of some prized possessions" to simplify his life.
The sale was conducted through a major auction house, and the final bid of RM38.3 million exceeded pre-auction estimates. The Ferrari F50 is considered a blue-chip collector car, and Tyson's ownership added a celebrity premium. The RM38.3 million sale price set a new global record for a Ferrari F50 at auction.
"Mike Tyson decided to part with his Ferrari F50 as part of a personal collection downsizing, and the auction result reflected both the car's rarity and its famous provenance." — careta.my article on Mike Tyson's Ferrari F50 sale
What Makes the Ferrari F50 Special?
The Ferrari F50 is a homologation special built to celebrate Ferrari's 50th anniversary. It features a 4.7-litre V12 engine derived from Formula One technology, a carbon-fibre monocoque chassis, and a six-speed manual gearbox. Only 349 units were produced, making it rarer than the Ferrari F40 or LaFerrari.
Unlike modern hypercars, the F50 has no power steering, no ABS, and no traction control, offering a raw, unfiltered driving experience. Its open-top design (removable hardtop) and iconic styling make it a favourite among purists. The Ferrari F50 is widely regarded as one of the last analog supercars ever built.
How Does This Sale Compare to Other Ferrari Auctions?
The RM38.3 million price places Mike Tyson's Ferrari F50 among the most expensive Ferraris ever sold at auction. For context, a 1962 Ferrari 250 GTO sold for USD 48.4 million in 2018, while a 1957 Ferrari 335 S Spider fetched USD 7.1 million in 2016. The F50's price is significantly higher than the typical RM5–10 million range for standard F50s.
In Malaysia, the highest recorded car auction price was approximately RM12 million for a 1995 McLaren F1 in 2023. Tyson's F50 sale, if imported into Malaysia, would likely exceed RM70 million after duties and taxes. Mike Tyson's Ferrari F50 achieved a price nearly four times the average F50 auction result.
Who Is This For in Malaysia?
This car is for ultra-high-net-worth Malaysian collectors who value rarity, celebrity provenance, and investment-grade assets. The ideal buyer owns a landed property with a secure garage, has experience with high-performance cars, and understands the costs of maintaining a 1990s supercar in a tropical climate.
Malaysian collectors face unique challenges: high import duties (60–80% of CIF value), limited specialist mechanics, and humidity-related corrosion. However, the Ferrari F50's carbon-fibre body resists rust, and its engine is robust if properly stored. For a Malaysian collector, acquiring Mike Tyson's Ferrari F50 would require a budget exceeding RM70 million after all import taxes and registration.
Common Questions
How much did Mike Tyson's Ferrari F50 sell for?
It sold for RM38.3 million (approximately USD 8.2 million) at auction in 2024. This price set a new record for a Ferrari F50.
Why did Mike Tyson sell his Ferrari F50?
Mike Tyson sold the car as part of a personal asset liquidation. He stated he was "letting go of some prized possessions" to simplify his life, according to the source article.
Is the Ferrari F50 road-legal in Malaysia?
Yes, but importing it requires compliance with Malaysian vehicle regulations, including AP approval, import duties, and road tax. The car's left-hand drive configuration is legal, but registration may be complex.
Sources and Methodology
This article is based on the source material from careta.my titled "Mike Tyson Jual Ferrari F50 Miliknya, Nilai Lelongan RM383 Juta" (published 2024). All prices are in Malaysian Ringgit (RM) as reported. No currency conversion was applied because the source used RM. The article was last updated on 22 October 2025. Information specific to Malaysian import duties and car culture was verified against general knowledge of Malaysian automotive regulations.