Ferrari's debut electric vehicle fetches record-breaking ₹382 crore at auction
The inaugural production unit of Ferrari's first all-electric model, the Luce, has achieved a world record by selling for $40 million (exceeding ₹382 crore) during an RM Sotheby's event in Monterey. This final bid was more than 36 times higher than the initial $1.1 million valuation. The sale eclipses the former record for a new vehicle at auction, which was held by the Ferrari Daytona SP3 at $26 million in 2025.