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Ferrari 499P Modificata leads Gooding Christie’s Geneva sale at over CHF 7.5m
Photo by Raphael Rousseau on Unsplash

Fashion & Style

Ferrari 499P Modificata leads Gooding Christie’s Geneva sale at over CHF 7.5m

By Riccardo ValliOctober 25, 20264 min readStyle & Living Desk

A Ferrari 499P Modificata never driven beyond its factory shakedown goes under the hammer in Geneva on 8 November. Gooding Christie’s lists the 2024 car, chassis 20, as lot 17 of its first sale in Switzerland, with an estimate “In excess of CHF 7,500,000”, according to the lot page. It is the track-only client version of the hypercar that won the 24 Hours of Le Mans in 2023, 2024 and 2025. It develops up to 870 PS. It is “Presented in its original red livery”, and it is “expected to remain at Ferrari’s facilities in Maranello through December 2028”. The car is “Offered publicly for sale for the first time by its original owner”, Gooding writes, without naming the seller. The auction starts at 19.00 CET on Sunday 8 November at the Four Seasons Hotel des Bergues.

Lot 17, chassis 20 and an estimate above CHF 7.5 million

The estimate changes the top of the sale. When we previewed the catalogue on 18 October, the highest estimate belonged to a 2023 Ferrari 812 Competizione Aperta, at CHF 1.7 million to 1.9 million, as in our preview of the Geneva sale. The preview also counted an SF90 XX Spider at CHF 1.5 million to 1.7 million and pairs of 488 Pista, 296 Speciale and 12Cilindri. The 499P’s figure is about four times the top of the 812’s range. The sale page describes the catalogue as “primarily modern, exceptionally low-mileage Ferraris, offered entirely without reserve”, with “fresh-to-market competition cars” alongside them; the lot page gives the estimate and says nothing about a reserve.

Its condition fits in four words. “Never Driven Beyond Factory Shakedown”, the lot page says, and the text adds that the car “has not been driven beyond factory shakedown running”. A shakedown is the short first run a new car makes before it is handed over. The page does not say how many 499P Modificata were built.

The autumn has already produced one Ferrari result above €5 million. At Broad Arrow’s Zoute auction in Knokke-Heist on 9 October, a 2015 LaFerrari sold for €5,181,250, as in our report on the Zoute results. The Geneva car is a different object. It was built for circuits only.

Up to 870 PS, and hybrid power at any speed

The Modificata keeps the race car’s hybrid layout. A twin-turbocharged 3.0-litre V6, “Displacing 2,992 cc”, drives the rear wheels, and “a 272 PS electric motor driving the front axle” joins it, for a “nominal combined system output of some 707 PS”. The difference lies in the rules. In racing, “the 499P may deploy its front-axle hybrid system only above 190 km/h”, Gooding explains, while “the Modificata deploys it at any speed, delivering all-wheel-drive traction from the moment the car turns a wheel”. A “Push to Pass” function “releases 163 PS for up to seven seconds at full throttle”, which takes the maximum to 870 PS. Because the car does not race, parts of it “have been recalibrated to take advantage of the freedom from Balance of Performance restrictions”, in Gooding’s words. It runs on its own Pirelli tyres. “The brilliant engineering of the 499P includes the chassis, designed by Dallara”, the lot page adds.

From Imola in 2022 to three wins at Le Mans

The race car came first. Ferrari unveiled the 499P at its Finali Mondiali “during the 2022 edition at Imola”, the lot page recalls. In June 2023 it became “the legendary marque’s first overall winner at the 24 Hours of Le Mans since 1965”, and it won the race again in 2024 and 2025. The Modificata followed for clients, and, as Gooding notes, “the Modificata was never intended for the road”. “Ferrari introduced the Sport Prototipi Clienti program in 2024”, the page says. Ownership gives access to that programme, “with Factory Support at Dedicated Events”. In practice, “Ferrari provides maintenance, logistical support, and trackside technical assistance at dedicated events”. This car is expected to stay in Maranello until the end of 2028.

Sunday 8 November at the Hôtel des Bergues

The sale opens a busy week in Geneva, during Christie’s Luxury Week. The cars can be viewed from Friday 6 to Sunday 8 November at an off-site facility, reached by shuttle from the hotel, according to the sale page. Viewing runs from 10.00 to 18.00 on the Friday and from 10.00 to 20.00 on the Saturday. On the Sunday it closes at 17.00, two hours before the auction. The Four Seasons Hotel des Bergues stands on the Quai des Bergues, where the Rhône leaves Lake Geneva. Christie’s holds Rare Watches there on 9 November, with a 1948 Patek Philippe 1518 in yellow gold estimated at up to CHF 1 million, as in our preview of the watch sale. In the same week, Christie’s offers the Bulgari Pink, a 24-carat diamond estimated at up to $18 million, as in our report on the Bulgari Pink.

The Luxury.it perspective

The 499P Modificata belongs to a newer kind of collecting. The buyer gets a current hypercar that has barely turned a wheel, with factory support at dedicated events and a place in Ferrari’s client programme. The car is expected to stay in Maranello for about two more years. The estimate, above CHF 7.5 million, rests on the 499P’s record at Le Mans, since this chassis has covered only its factory shakedown. Geneva’s November sales open with it. The result will be known on the evening of 8 November.

Related guides

Ferrari Hypersail and the Azimut Fly 72 · Phillips Geneva’s blue diamond and Kashmir sapphire · Christie’s Hong Kong watch sales · Porsche’s Mission S

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