Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home Business & Brands

Ferrari’s First-Ever Electric Car Sells for $40m

by editor
August 17, 2026
in Business & Brands
Reading Time: 2 mins read
Ferrari’s First-Ever Electric Car

The first Ferrari Luce sold for $40million (£29.5million) at auction | RM SOTHEBY'S

Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

Ferrari’s first-ever electric car sold for $40m over the weekend.

 

 

Glamtush reports that Ferrari’s first-ever production electric car, the Luce, has sold for $40m (£29.5m) at auction despite a controversial reception to the model following its launch.

The 2026 Ferrari Luce “Tailor Made” was sold at an RM Sotheby’s auction in Monterey, California, over the weekend.

Ferrari described the sale as an “unrepeatable opportunity” to acquire the “Chassis 0” of the first production model of the Ferrari Luce programme.

 

GB News on Monday reported that the Italian supercar manufacturer said proceeds from the auction would be donated to benefit future educational initiatives through the Ferrari Foundation.

The vehicle, which was built to US specifications, will return to Maranello, Italy, and is scheduled to be delivered to its anonymous buyer in the first quarter of 2027.

Its exterior features an exclusive Madreperla Semi-Gloss finish developed specifically for the car, while the interior was created through Ferrari’s Tailor Made programme and includes Le Mans metallic leather in Perla.

Given its status as the first production chassis of the Ferrari Luce, the vehicle has also been fitted with a dedicated plaque.

Ferrari described the “Chassis 0” as “one of the most complete and significant expressions” of the Ferrari Tailor Made programme.

 

The auction came after the Luce faced criticism from some experts and enthusiasts over its design and specifications following its launch.

The electric model was designed by Sir Jony Ive, who worked alongside Marc Newson and his LoveFrom collective.

The Luce is expected to have an electric range of 329 miles, a 0-100km/h time of 2.5 seconds and a maximum total power output of 1050 cv.

It will be fitted with a 122kWh battery, four electric engines and a bespoke technical platform.

Prices for the Luce are expected to start from €550,000, or around £470,000.

 

Former Ferrari chairman Luca di Montezemolo criticised the move into electric vehicles, saying the Luce “risked the destruction of a legend”.

The $40m auction price made the Luce the standout sale at the event, with a 1996 McLaren F1 GTR selling for £34.6m (£25.5m) to finish as the second-highest sale.

Related Posts

ART X Lagos 2026
Business & Brands

Zenith Bank Reinforces Commitment to Africa’s Creative Economy Through Continued Sponsorship of ART X Lagos 2026

November 2, 2026
Hackaholics 7.0
Business & Brands

Wema Bank Sets November 6 for Hackaholics 7.0 Grand Finale, Unveils “Festival of the Future” as Theme

November 2, 2026
Access Bank Plc
Business & Brands

Access Bank Plc Appoints Oluseyi Kumapayi as DMD, African Subsidiaries and Olanrewaju Bamisebi as ED, IT and Digitalisation

November 2, 2026
Vulnerable Households in Abuja
Business & Brands

Fidelity Bank, Humanitarian Affairs Ministry Support Vulnerable Households in Abuja

October 31, 2026
Eurobond
Business & Brands

Fidelity Bank Plc Redeems US$400 Million Eurobond at Maturity

October 28, 2026
GTCO Plc 2026 Q3 Unaudited Results
Business & Brands

GTCO Plc Releases 2026 Q3 Unaudited Results

October 28, 2026
Next Post
Inflation Rate Drops to 15.43%

Inflation Rate Drops to 15.43% — NBS

Magazine Cover

Toyin Abraham
2026 FIFPRO World XI

FULL LIST: Ronaldo, Messi, Mbappe, Kane Headline 2026 FIFPRO World XI Shortlist

November 2, 2026
ART X Lagos 2026

Zenith Bank Reinforces Commitment to Africa’s Creative Economy Through Continued Sponsorship of ART X Lagos 2026

November 2, 2026
Hackaholics 7.0

Wema Bank Sets November 6 for Hackaholics 7.0 Grand Finale, Unveils “Festival of the Future” as Theme

November 2, 2026
Access Bank Plc

Access Bank Plc Appoints Oluseyi Kumapayi as DMD, African Subsidiaries and Olanrewaju Bamisebi as ED, IT and Digitalisation

November 2, 2026
Love's Complicated Teasers, Love's Complicated Teasers November 2026

Star Life: Love’s Complicated Teasers November 2026

November 1, 2026
Advocate Anjali Teasers November 2026

Star Life: Advocate Anjali Teasers November 2026

November 1, 2026
Madhubala - One Love One Passion Teasers

Star Life: Madhubala – One Love One Passion Teasers November 2026

November 1, 2026
The Braveheart Teasers November 2026

Star Life: The Braveheart Teasers November 2026

November 1, 2026
Swoop

From Small Beginnings to Big Ambitions: Swoop Launches Legends to Champion Lagos’ Independent Food Businesses

November 1, 2026
Mannat Teasers November 2026

Star Life: Mannat Teasers November 2026

November 1, 2026

GPBN Associates Member

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

Fidelity Bank

GLAMTUSH

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

 

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glam Tush – Naija News & Entertainment News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Latest Naija News Today
  • Terms And Conditions
  • Write for Us

© 2026 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2026 Glamtush