
Ferrari Luce
.
The first production model of the electric Ferrari designed by Jony Ive and Marc Newson has sold for $40 million – a record price for a new vehicle at auction.
The carmaker's polarising first foray into EVs, the Ferrari Luce, went under the hammer as part of a RM Sotheby's charity auction at Monterey Car Week in California.
August 17,2026
Why People Collect Ferraris
A Ferrari is not automatically a collectible simply because it is a Ferrari. Some models become extraordinarily valuable; others remain used cars for decades.
Rarity matters, but it is not enough. Collectors look for history, beauty, technical significance, provenance and, above all, emotion. The engine has traditionally played a central role. The sound of a V12, the feel of a manual gearbox and even the imperfections of an older Ferrari eventually become part of what makes it desirable.
There is a curious transformation. What begins as outdated technology can eventually become heritage.
Ferrari reinforces this process through Ferrari Classiche. After twenty years, most road Ferraris can become eligible for certification. The factory examines whether the car remains faithful to its original specification and history.
Ferrari therefore does something unusual: it builds the car, maintains its history and, decades later, can help determine what constitutes an authentic Ferrari.
The electric Ferrari will eventually enter this same world.
But it brings an entirely new set of problems.
Ferrari Creates Its Own Collector World
Buying a Ferrari is not quite like buying another expensive automobile.
A newcomer can buy many production Ferraris; it is not true that every buyer must already own one. But Ferrari's most exclusive cars are different. Access to limited-production models tends to favour established customers with a history with the marque.
This creates a circle.
Owners buy Ferraris, remain customers, build relationships with dealers and the factory, attend events and sometimes gain access to increasingly scarce automobiles.
Ferrari consequently does more than limit production. It helps create the community that collects its cars.
This raises an interesting question about its first electric model.
Will established Ferrari collectors want one because it represents an important moment in Ferrari history? Or will Ferrari discover an entirely new generation of customers attracted more by technology than by engines?
The answer could eventually matter almost as much as the car itself.
The Problem of an Electric Classic
Imagine the first electric Ferrari twenty or thirty years from now.
Its battery will have aged. New batteries will be lighter, smaller and more powerful. Some electronic components will have disappeared. Its software may have been updated dozens of times.
What, then, is an original electric Ferrari?
With an old Ferrari, collectors ask whether it retains its original engine and whether its major components correspond to the factory specification.
With an electric Ferrari they may have to ask different questions.
Is the battery original? Is it a Ferrari replacement? Does it use the original chemistry? Which software version is installed?
There is a paradox here. A future battery could make the car lighter, faster and give it twice the range. For an ordinary automobile that would clearly be an improvement.
For a collectible Ferrari, it might not be.
Ferrari may therefore eventually have to preserve not only mechanical components and drawings but batteries, electronics and even software specifications.
The electric Ferrari could become the first classic Ferrari whose authenticity is partly digital.
Will It Become a Collectible?
There is a strong argument against it.
Electric technology develops extraordinarily quickly. The first electric Ferrari may look technically old within ten years. It lacks the combustion engine that has been at the emotional heart of Ferrari for generations. Later electric Ferraris will almost certainly be lighter, faster and more sophisticated.
But there is an equally powerful argument in its favour.
There can only ever be **one first electric Ferrari**.
If Ferrari eventually becomes largely electric, collectors may look back at this car as the beginning of a new era.
And if Ferrari's electric experiment disappoints and remains a relatively short chapter in the company's history, the first electric Ferrari could become even more unusual.
Its greatest challenge is therefore probably not battery life or technological obsolescence. Ferrari can replace batteries, reproduce components, preserve software and certify authenticity.
The real question is whether people will fall in love with it.
A fifty-year-old Ferrari is desirable today not because it remains technologically competitive, but because its obsolete technology has become part of its personality.
The first electric Ferrari will become a true collectible if the same transformation eventually takes place—if what looks technologically outdated tomorrow becomes historically fascinating the day after.
**Ferrari can preserve the car. Only future collectors can decide whether it becomes a classic.**
All Synopedia reports are based on information from publicly available sources, identified and analysed using multiple AI-assisted research and sourcing tools. We welcome new members and volunteers who would like to support our mission and play an active role in our work.
Nous accueillons avec plaisir de nouveaux membres et bénévoles désireux de soutenir notre mission et de contribuer activement à nos travaux.
Jacques Putzeys