Buyer of rare Ferrari F40 faces potential Swedish confiscation

The nearly new 1992 Ferrari F40 (chassis ZFFSR93B000093892), sold for $5.23 million at RM Sotheby's Miami auction last week, is now at risk of confiscation by Swedish courts amid a bankruptcy case involving real estate group Kvalitena AB.

Following its sale on February 27, 2026, at RM Sotheby's auction in Miami—where it fetched $5.23 million after an estimated $4-5 million—the low-mileage F40 (1,418 km) has been flagged by Swedish insolvency administrators. Hedvig Mårstad, overseeing the bankruptcy of Kvalitena AB (debts ~85 million euros), matched the car's chassis number to estate assets.

The administrators believe the vehicle, part of the bankrupt company's holdings, was improperly exported and sold. They have contacted the auction house regarding its origins from Sweden. Details on export authorization remain unclear.

If Swedish courts confirm ownership ties, the buyer risks losing the car, which could be repatriated and resold for creditors. Proceedings may also involve up to a dozen other luxury cars (Ferraris, Rolls-Royces, Mercedes) linked to Kvalitena AB.

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Pristine 1989 RUF 928R from Samsung Collection showcased on stage at Amelia Island auction, spotlit amid bidders and auctioneer.
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World's Only RUF 928R from Samsung Collection Heads to Amelia Island Auction

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The sole 1989 RUF 928R—a genuine RUF-built model based on the Porsche 928 chassis with authentic W09 VIN—is set for Gooding & Company's Amelia Island auction on March 5 at 3 p.m. EST. Commissioned by the late Samsung chairman Lee Kun-hee, this low-mileage grand tourer (1,568 miles) features RUF performance upgrades and bespoke details, with estimates of $400,000–$500,000.

A low-mileage 1992 Ferrari F40 with just 1,418 km on the odometer is scheduled for auction at RM Sotheby's in Miami on February 27, 2026. The Italian-market supercar, estimated at up to $5 million, boasts exceptional originality and a prestigious award. It forms part of a larger sale featuring 89 collector cars valued over $100 million.

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A rare 1990 Ferrari F40, converted to right-hand drive, reached a top bid of $3.41 million at an Australian auction but did not sell. The vehicle, one of only a handful in such configuration out of 1311 produced, was highlighted as the standout lot by auction house Retro Rides. Bidding involved 53 offers, yet the car failed to meet the requirements for a sale.

Magnus Walker, a renowned Porsche collector known for his customized 'Outlaw' 911s, is selling 18 cars from his collection through RM Sotheby's auction. The sale, running from March 18 to 25, 2026, features rare models like a 1976 Porsche 911 Carrera 2.7 MFI and various customized classics. Walker describes the decision as 'shedding my skin' while retaining 13 vehicles.

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The 31st Amelia Island Concours d’Elegance drew collectors and enthusiasts to northeast Florida in March 2026, featuring over 250 historic cars and record-breaking auctions totaling more than $180 million. A 1960 Ferrari 250 GT SWB California Spider sold for $16,505,000, the week's top price, while a 1931 Duesenberg Model J took Best of Show Concours d’Elegance. Clear weather and diverse events, including a Porsche reunion and L88 Corvette class, enhanced the weekend's appeal.

The Bureau of Customs has generated over P102 million from the sale of nine out of 13 luxury vehicles seized from contractor couple Sarah and Pacifico "Curlee" Discaya. This forms part of the government's efforts to recover funds allegedly siphoned through kickbacks from anomalous flood control projects. Four more vehicles remain in BOC custody for future auctions.

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A 1955 Messerschmitt KR200 Deluxe microcar, once displayed in a museum and owned by Elvis Presley, sold for $33,000 on Bring a Trailer. The three-wheeled vehicle, known for its unique design and modest power, attracted bids from enthusiasts who viewed the price as a bargain. Its history includes time in the Bruce Weiner Microcar Museum until 2013.

 

 

 

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