# 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.
- Title: Michael Jordan's Ferrari 550 Sets Auction Record | Shortify
- Summary: Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, becoming the most expensive 550 Maranello ever.
- Keywords: michael jordan, ferrari 550 maranello, auction, air jordan, nba, chicago bulls, cars, Michael, Jordan's, Ferrari, 550, Sets
- Source: Car and Driver — https://caranddriver.com/news/a73604721/michael-jordan-ferrari-550-maranello-auction-record
- Author: Brendan McAleer
- Published: 2026-10-06T18:29:51+00:00
- Read time: 1 min
- Topics: michael jordan, ferrari 550 maranello, auction, air jordan, nba, chicago bulls, cars
## 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.
## Key takeaway

Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at auction, setting a record for the model.