Revived-from-crash Ferrari Enzo sold for $1.76 million

Article by Andrew Christian, on March 6, 2016

How can a Ferrari vehicle split into two pieces come back to life and fetch a price of $1.76 million? In 2006, Bo Stefan Eriksson crashed his Ferrari Enzo while racing against a Mercedes-Benz SLR McLaren on the Pacific Coast Highway. But the crash wasn't an ordinary one. It was bad enough to cut the pricey Ferrari Enzo into half. Putting back a car that has been split into two would be unimaginable for many people.

Any vehicle in that condition would be written off as heading to a scrapyard. But the Enzo with chassis number 135564 is valuable enough to have every reason for it to be pieced back together. It was sent to Ferrari Technical Assistance Services to be repaired. The Enzo, originally painted in Ferrari's signature Rosso Corsa Red, was repainted black with red-trimmed seats. It was also given a navigation system, a Bose stereo, and a back-up camera.

This revived Enzo has been certified by Ferrari and boasts of just around 1,500 miles on the odometer. The car was bound for auction on February 3 at the RM Auctions event in Paris, France, and fetched $1.76 million. Another reason for this high price is the history for such a car. Ferrari has been known for regularly producing limited edition vehicles that show off its expertise and experience. Examples of such astonishing Ferrari vehicles are the Ferrari 250 LM in 1963, the Ferrari GTO in 1984, the Ferrari F40 in 1987, and the Ferrari F50 in 1995.

Each of these limited edition Ferrari models have their own message to convey and a story to tell. In 2002, Luca di Montezemolo unveiled a new limited edition model, which is the upshot of four straight years of Ferrari dominance in the Constructor's World Championship combined with the technical input and fine adjustment sensitivity of Michael Schumacher. This limited edition was named after Enzo Ferrari, the company's founder.

According to Montezemolo, since this limited edition vehicle is a historic car for Ferrari for various reasons, they had to pick a name with a strong symbolic significance -- the name of the company founder. True enough, as Montezemolo put it, the Ferrari Enzo is the perfect synthesis of four Formula 1 Championships in as many years. He noted that the race track has been the source of the most advanced technologies for unique cars made by Ferrari.

Specs-wise, the Ferrari Enzo is made from carbon and composite materials, and is powered by a 5998 cc V12 engine mated to an F1 gearbox. During the conception of the vehicle, Ferrari was aiming to develop a car as an integrated system that could achieve extreme performance. Ferrari wanted a system in which Formula 1 man/machine interface could help improve the driver's performance limits.

To achieve this, Ferrari entered into a special and in-depth technical collaboration with supplier companies like Brembo, Bridgestone, Magneti Marelli and OMR. Ferrari has been getting its braking systems from Brembo. The Ferrari Enzo makes use of Brembo CCM discs made of composite ceramic material. These CCM disks are exceptionally light, and in fact they are 30-percent lighter than their iron counterparts. The more important thing is that these CCM disks provide outstanding braking efficiency in all conditions while practically never succumbing to wear and tear.

Bridgestone, meanwhile, has been providing Ferrari with the technical know-how for its F1 tires. And just for the Ferrari Enzo, Bridgestone has developed the Potenza RE050 Scuderia high performance tire that could reach speeds of over 350 km/h (218 mph) while maintaining its road-holding capability. Magneti Marelli, a known maker of automated manual transmission systems, has had an F1 partnership with Ferrari since the mid-1990s to develop the electro-hydraulic gear change for the Ferrari F355 Berlinetta F1. Magneti Marelli also developed the F1 gear change for the Ferrari Enzo.

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