By Ronan Glon
Sunday, Apr 15th, 2012 @ 1:30 pm
 
Ferraris are a common sight at big-name auctions all around the world, but it's not every day that bidders have a chance to come home with a genuine F40 prototype, let alone one that lived on to have a successful racing career.

One of eight F40 prototypes built will be auctioned off in Monaco by RM Auctions on May 12th, 2012. It wears chassis number ZFFGJ34B000074047, and it was displayed at the 1987 edition of the Frankfurt Motor Show.

After hitting the auto show circuit, chassis number 74047 was transformed into a GT-spec race car by Giuliano Michelotto. At the time, the car was still owned by the Ferrari factory.

In 1991, the car was shipped back to Michelotto to receive further performance-oriented modifications. The extensive work included lowering the ride height by almost two inches, tuning the engine, fitting Brembo brakes and installing a quick-full fuel system. The end result was a serious track car whose engine churned out an impressive 590 horsepower.

When the modification work was done, Ferrari sold the car to a private racer named Luca Sartori who fielded it in the Gran Criterium Supercar GT series in Italy. Over the next couple of years, the car earned several first and second place finishes.

When its racing career came to a close, 74047 was sold to an unnamed collector in Milan, Italy, who has reportedly driven it occasionally and maintained it religiously. It is that same owner who is selling it today.

The Ferrari Classiche center in Italy has thoroughly inspected the car, and it certifies that it is still powered by its original engine.

The car is sold in the same ToTip racing livery that it wore when it completed its last race. In spite of its illustrious career on the track, 74074 is fully street-legal and can be titled in most countries around the world.

RM Auctions estimates that the final bid on the F40 will be between €700,000 and €900,000 ($915,000 and $1,170,000).

Some of the other Ferraris that will be auctioned off at the same auction in Monaco include a 2006 FXX Evoluzione, a 2000 Formula One race car, and a 1958 166 Inter Spyder Corsa, the ninth Ferrari ever built.