A 1997 example of the decade-defining supercar that was part of the “Maggie May” singer’s personal collection is currently up for grabs right now on Collecting Cars. And, as will come as little surprise to anyone familiar with the vehicle, bidding is well into seven figures with more than a week left to go.
More from Robb Report
The F50 is one of the most coveted Ferraris of the marque’s modern era. It’s easy to see why. The brand’s third supercar—and follow-up to the legendary F40—was specifically designed as a celebration of the automaker’s 50th anniversary. Unsurprisingly, it was pretty special, pairing one of the company’s most memorable designs with a Formula 1-derived powertrain. And if that somehow wasn’t enough, it was also rare, with just 349 examples rolling off the line during the three years it was in production.
Stewart’s supercar was built in 1996 and delivered brand new to him the next year. The F50’s sculpted body is finished in the marque’s trademark color, Rosso Corsa, over a black leather interior. The car may be a head-turner, but its most attractive feature might be in the engine bay. There you’ll find naturally aspirated 4.7-liter V-12. The brawny mill, which is mated to a six-speed manual transmission, produces a fearsome 505 hp and 347 ft lbs of torque. Thanks to all that, it can sprint from zero to 60 mph in 3.8 seconds and hit a top speed of 202 mph.
It’s unclear when Stewart parted ways with his F50, but it has been owned by 6 collectors since, including the seller, who has been in possession of the car for the past couple of years. At some point, the vehicle was painted dark gray but was returned to its original color during a partial restoration before receiving its Ferrari Classiche certification in 2014, according to the auction listing. The car has nearly 11,000 miles on the odometer and has been regularly serviced throughout its life, including, most recently, in August of this year.
Stewart’s F50 will be up for bid on Collecting Cars through Saturday, November 11. As of press time, bidding has reached £2,400,000 (or just shy of $3 million). Expect that figure to climb in the days to come, as the supercar regularly sells for more than $3.5 million when it hits the open market.
Click here for more photos of Rod Stewart’s 1996 Ferrari F50.
Best of Robb Report