Mercedes F1 Boss Toto Wolff Sold His Ferrari F40, Worth $1.5 Million (PHOTOS)

• Toto Wolff recently sold his 1990 Ferrari F40 with fewer than 4,000 miles.
• Similar cars have recently sold for more than $1.5 million, and this one was in pristine condition.
• Only 1,315 of this model were produced.

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Toto Wolff’s car collection is now lighter one gorgeous Ferrari.

The 1990 Ferrari F40 was listed for sale at Tom Hartley JNR and has been sold.

“After selling his cars last year, it is an honor for Team THJ to announce the launch of this very special Ferrari F40 that is direct from the collection of Mercedes-Benz F1 CEO and Team Principal Toto Wolff,” the firm wrote in a statement announcing the sale.

A price was not listed before the sale. However, according to Rachel Cormack of Robb Report, similar models “typically pull in around $1.4 million to $1.7 million,” noting that many consider this model the “ultimate road-going Ferrari.” Cormack speculates that this one sold closer to the higher end of that range due to its pristine condition and ties to the Mercedes F1 boss.

Tom Hartley JNR

The car only had 3,440 miles on it at the time of the sale and still has all original parts. The firm speculated that Wolff used the vehicle sparingly because of his day job.

“This car has been used sparingly during Toto’s ownership, perhaps due to him not wanting to be seen driving a Ferrari in his downtime when his day job is to ensure he beats them on the track!” the company wrote.

According to the original sale announcement, this particular car was one of only 27 sold in Spain. Cormack noted that only 1,315 were produced overall.

Tom Hartley JNR

You can see more photos of the car at TomHartleyJNR.com.