From Car and Driver · Brendan McAleer · · 1m 10s
Michael Jordan's Ferrari 550 Sets Auction Record
Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, becoming the most expensive 550 Maranello ever.
In brief
Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, becoming the most expensive 550 Maranello ever. Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, setting a record for the model. Originally reported by Car and Driver.
Michael Jordan's Ferrari 550 Maranello
During the fifth and sixth championship runs for the Chicago Bulls, Michael Jordan drove a Ferrari 550 Maranello.
Auction Record Set
The bright-red 1997 Ferrari 550 Maranello sold for $2.7 million at auction, complete with its 'MJ 5' vanity plate.
Inspired Air Jordan XIV
This car inspired the Air Jordan XIV basketball shoe with Ferrari-like Jumpman shields and tire-tread patterns.
Ordered for Championship Win
Jordan ordered the car in 1997 after winning his fifth NBA championship with the Chicago Bulls.
19,000 Miles on Odometer
The car has just under 19,000 miles on the odometer after being driven sparingly over the years.
Auction by Joopiter
Joopiter, founded by Pharrell Williams, auctioned the car in partnership with auto specialist Curated.
Record-Breaking Result
The sale sets a record for the 550 Maranello, surpassing the previous record of $650,000.
The main idea
Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, setting a record for the model.
