This is not something you read again, a Ferrari F40 For Sale on Craigslist, really, and sold via a US Federal Court room…
https://losangeles.craigslist.org/wst/ctd/d/santa-barbara-1990-ferrari-f40-type/7866073566.html
A court appointed broker Tom Lawson has the tasks to sell this vehicle for the US Federal Court Central District of California, Northern Division.
The opening bid for the F40 has been made by RM Auctions Inc. (RM Sotheby’s) and this has been contracted for the sum of $2,555,000.00 USD.
The Ferrari F40 will sell to the bidder unless you or someone you know bids $2,600,000.00 USD before August 12th 2025.
This is a Federal Auction with NO seller or buyer fees. For the winning bidder, what they bid is what they pay.
The Federal Judge has also authorized the F40 to be sold at a buy it now price of $5,000,000.00 USD.
WATCH THIS VIDEO – Ferrari F40 For Sale on Craigslist?
The Details for the Ferrari F40 on Craigslist are as follows:-
- Auction Date: August 12, 2025 – 1PM PST
- Location: US Federal Court, Santa Barbara, CA (Zoom or In Person)
- Opening Bid: $2,555,000 (from RM Sotheby’s)
- Buy It Now Price: $5,000,000 – ends auction immediately
- Listing: Craigslist Link Court-Approved Broker
- Contact: Tom Lawson
This is going to be an intersting court room transaction.
Downloads related to the Ferrari F40 For Sale on Craigslist?
Case 9:25-bk-10314-RC – UNITED STATES BANKRUPTCY COURT Document
Motion To Sell Ferrari F40 Document
Summary of the Document: Motion to Sell Ferrari F40 (Bankruptcy Case)
Background:
Santa Paula Hay & Grain and Ranches, currently in Chapter 11 bankruptcy (Case No. 9:25-bk-10314-RC, Central District of California), has filed a motion to sell one of its assets — a 1990 Ferrari F40, VIN ZFFMN34A9L0086230
What Has Happened:
On July 22, 2025, the debtor (Santa Paula Hay & Grain and Ranches), through their attorney Vanessa M. Haberbush, filed a motion in bankruptcy court seeking permission to:
- Sell the Ferrari F40 free and clear of all liens, claims, and interests under 11 U.S.C. § 363(f).
- Distribute the sale proceeds appropriately.
- Have the sale declared as having been made in good faith, ensuring protection under § 363(m) from future disputes.
- Waive the standard 14-day waiting period after court approval (per Federal Rule of Bankruptcy Procedure 6004(h)), allowing for immediate execution of the sale.
Why It’s Happening:
The sale is necessary as part of the bankruptcy estate’s efforts to:
- Liquidate valuable assets to generate cash.
- Pay off creditors and obligations as required by the Chapter 11 restructuring.
- Maximise estate value: The Ferrari F40 is a rare and high-value vehicle that can significantly aid in covering debts.
The debtor is essentially asking the court to approve a clean, quick sale of this rare vehicle without complications from any creditors or lienholders delaying the process.
Key Takeaways:
- The Ferrari F40 is being sold by court authority, not a private owner.
- The sale is under strict bankruptcy laws ensuring it is fair and transparent.
- The process is being expedited — no waiting period is requested once approved.
- Proceeds will go directly to benefit the estate (and its creditors), not the debtor personally.
To find out even more details about this visit https://f40forsale.com/