Ferrari EV Charity Auction
First Production Ferrari EV 'Chassis Zero' Sells for Over $40 Million, Benefits Foundation
A one-of-a-kind Ferrari electric vehicle just set a staggering new benchmark. The 2026 Ferrari Luce, known as
Every dollar from the sale goes directly to education. According to WCAX, the full $40 million will benefit the Ferrari Foundation's educational initiatives. The buyer is not expected to receive the car until early 2027.
What Makes
The Ferrari Luce is Ferrari's first production electric vehicle.
The car's iridescent finish shifts color depending on the angle and light — moving from green to violet. It is a completely unique look. No other Ferrari production car has carried this paint scheme. That visual drama likely helped push the price well past the $40 million mark.
RM Sotheby's Auction Sets Rare EV Record
The sale took place through RM Sotheby's, one of the world's top auction houses for collector cars. According to Hawaii News Now, the hammer fell at over $40 million. That makes this one of the most expensive electric vehicles ever sold at auction — and almost certainly the priciest Ferrari EV to date.
Ferrari chose an auction format rather than a private sale. That decision drove up competition and helped maximize the donation amount. The charity angle likely attracted bidders who wanted both a trophy car and a tax-beneficial gift.
Ferrari Foundation Gets the Full $40 Million
Unlike many charity auctions, where only a portion goes to the cause, the entire $40 million from this sale will go to the Ferrari Foundation. According to WSAW, the funds will support educational programs. Ferrari did not keep any cut from the sale price.
The Ferrari Foundation focuses on education initiatives, particularly for young people. A $40 million donation is an enormous gift by any standard. For context, that sum could fund hundreds of university scholarships or build entire school facilities.
Buyer Waits Until 2027 to Take Delivery
The winning bidder will not get the keys right away. According to WCAX, the buyer is expected to receive the Luce in early 2027. That means a roughly one-to-two year wait from the time of purchase. Ferrari likely needs that time to finalize production of the first EV chassis.
The wait is not unusual for ultra-exclusive Ferraris. The brand often delivers one-off or limited models on long lead times. For a car this rare — and this expensive — the buyer is almost certainly prepared to wait.
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