michael jordan s ferrari sells for a record 2 7mMichael Jordan's 1997 Ferrari 550 Maranello is now in the hands of a new owner for a record sum of $2,700,000. The car recently went under the hammer on the auction site JOOPITER, setting a new auction high for the model and clearing the previous record by more than four times. It is reportedly the costliest 550 Maranello ever to change hands at auction.The sale closed Wednesday Sept 30th, capping a two-week bidding window on the car. In total 43 bids were placed. The final price blew past the $800,000 to $1.3 million range the platform had set as its pre-auction estimate.michael jordan s ferrari sells for a record 2 7mThe auction was the platform's debut sale alongside CURATED, a firm that deals in collector and vintage supercars. It also marked JOOPITER's move into the collector-car business, a category beyond the platform's existing sports, natural history, and cultural memorabilia offerings.The car was delivered new to Jordan in May 1997, during his final championship run in Chicago. Its tan leather cabin sits beneath a Rosso Barchetta exterior, and the car wears the Illinois plate "MJ 5." It was the car Jordan was photographed driving within hours of his fifth NBA title that June."This isn't just a world-record price for a Ferrari 550 Maranello. It's a testament to the passion surrounding Michael Jordan, to Ferrari collectors, and to a new generation chasing the icons of the 1990s and early 2000s," said John Temerian, CEO of CURATED. "More than anything, it signals a generational shift in collecting - in what people value, what they consider significant, and ultimately, how they look at these cars as assets."Jordan sold the car in 2002, after which it dropped out of public sight for over 20 years.Next up on the auction site will be a Lamborghini Reventon Roadster, one of just 15 built and presented with 29 miles on it. This will go live beginning October 8 tied to an activation surrounding the the Formula 1 race in Singapore. Shortly after, a collection of unique memorabilia will be offered including the suit Michael Schumacher wore to his 2006 San Marino Grand Prix win, a single glove Ayrton Senna used during his time with Lotus and Charles Leclerc's 2025 Singapore Grand Prix helmet.michael jordan s ferrari sells for a record 2 7m
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