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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