Several auction records fell at Mecum’s huge Kissimmee sale this weekend, including benchmark prices for all five previous Ferrari halo models. Exceptional examples of the 288 GTO, F40, F50, Enzo and LaFerrari sold for extraordinary figures, with all of these cars coming from a 46-Ferrari collection – offered by the estate of the late dealer and Ferrari collector Phil Bachman, all at no reserve.
The results were driven by the combination of delivery-mileage odometers, long-term single ownership and, in many cases, highly individual specifications that distinguished them from more typical examples. Among the early halo cars, Bachman’s 1985 Ferrari 288 GTO emerged as one of the defining results of the week. One of just 272 built, and purchased new by Bachman, it had covered fewer than 1300 miles in nearly four decades. When the hammer fell at $8.525 million, the car had almost doubled the previous auction record of $4.4 million set in 2022.
The momentum continued moments later with two Ferrari F40s from the same collection, both of which exceeded previous benchmarks. The lower-mileage car, showing just 458 miles, sold for $6.6 million to become the most expensive standard F40 ever sold at auction. Bachman’s second example followed shortly afterwards at $5.83 million, itself higher than the former record. The back-to-back results underlined the premium now being attached to originality, mileage and provenance within the modern Ferrari market.
Attention then turned to the F50, where expectations were already high following strong private and public sales in recent years. Bachman’s example, purchased from golfer Ian Poulter and showing just 252 miles, achieved $12.21 million, comfortably surpassing the previous auction high of $9.245 million. That earlier figure achieved by the ex-Ralph Lauren car had been widely regarded as an outlier, yet the Kissimmee result reset expectations once again.
If any single sale defined the day, however, it was the Giallo Modena Enzo. Showing 649 miles, the car sold after an extended bidding contest for $17.875 million, nearly three times the previous auction record and far beyond previous benchmarks. Again, it was owned by Bachman from new, and featured many unique factory details.
The sweep was completed by the LaFerrari models. Bachman’s coupe, presented as the final US-market example built and showing 157 miles, sold for $6.71 million to set a new auction high for a standard LaFerrari, while the matching Aperta, with fewer than 100 miles recorded, followed at $11 million.
John Mayhead, Editor of Hagerty Price Guide UK, noted that that the values of older Ferraris were less extraordinary: ‘A very rare alloy-bodied 1967 Ferrari 275 GTB/4 sold for $6.3 million, exactly on Hagerty’s US Price Guide’s top value. Given its condition, colour and the relative prices of the cars being sold around it, this seems under expectation. Hagerty has previously discussed the relatively older ownership demographic of 1960s Italian GT cars, and this could be contributing to softening values, but there have been too few sales to show a trend.’
What about the 250GTO?
The most expensive car at Kissimmee was the white Ferrari 250GTO that came from the collection of Jon Shirley. It sold for $38.5 million, and the fact that we’re not leading this story with this result tells its own tale – not only was the sale of the Bachman collection a truly extraordinary event, but this particular GTO failed to excite buyers at this auction in quite the same way. The $38.5 million is still an immense sum, but below some expectations given recent private-sale figures. Mayhead notes that factors including its replacement engine, right-hand-drive configuration, white paintwork and predominantly British competition history may have tempered enthusiasm among US bidders.
What the Kissimmee results ultimately mean for the wider Ferrari market remains to be seen. The Bachman collection was exceptional and may prove difficult to replicate, with these cars considered outliers. Even so, the fact that Ferrari’s entire modern halo hierarchy reset its auction ceiling in a single sale represents a defining moment – one that will be closely scrutinised as further major auctions unfold in 2026.
To view the full results, visit mecum.com
