Ferrari 512 Testarossa Once Owned By Sir Elton John Heads to Auction
- A 1991 Ferrari 512 Testarossa once owned by rocker Sir Elton John is estimated to fetch $134,000-$164,000 when it crosses the auction block in London on Tuesday.
- The car has just 2,100 miles on the odometer.
- The Ferrari was part of a large auction of several of Sir Elton John's automobiles in 2001 and now is being sold by its unnamed current owner.
LONDON — A 1991 Ferrari 512 Testarossa once owned by rock legend Sir Elton John is estimated to fetch $134,000-$164,000 when it crosses the auction block in London on Tuesday.
The car has 2,100 miles on the odometer. The Ferrari was part of a major auction of Sir Elton John's automobiles in 2001 and is now being sold by its unnamed current owner.
Coys auction house noted that the Ferrari sold for $146,000 in 2001 during the Christie's auction of Sir Elton John's cars.
The auction house says the car comes with a complete service history and a letter of ownership authenticity from the rock star.
When Sir Elton originally sold off his collection of British and Italian automobiles, he said he was getting rid of them because he did not get to drive them. The collection of 28 automobiles fetched $2.7 million at auction.
The Ferrari 512 Testarossa features a knife-edge Pininfarina aluminum body, "egg-slicer" side grilles and high-mounted side mirrors. The car is equipped with a flat V12 and sprints from zero to 60 mph in 4.8 seconds. It has a top speed of 192 mph.
Edmunds says: With the 2014 Ferrari LaFerrari expected to have seven-digit pricing, this one looks like a bargain — and it has rock-star provenance as well.