Toto Wolff’s comments from 2021 explain why he’s selling rare Ferrari

Mercedes team principal Toto Wolff has decided to start selling his Ferrari collection, with his F40 being listed for sale.

It has been revealed that Mercedes team principal Toto Wolff has decided to sell his incredibly rare Ferrari F40.

It is believed that 1300 F40s were built between 1987 and 1992, meaning that nowadays they sell for an extortionate amount.

With that in mind, Wolff’s car has been put up for sale but without a listed price, with the car being sold through Tom Hartley Junior.

Remarkably, despite the car’s age, Wolff’s F40 has only done 3,440 miles, adding to the car’s already staggering value.

READ: Guenther Steiner breaks silence on Mick Schumacher joining Mercedes

On the seller’s website, the 33-year-old car is advertised as having been: “Offered direct from the collection of Mercedes-Benz F1 CEO and Team Principal Toto Wolff.

“1 of only 27 examples delivered new to Spain. Fresh from a complete overhaul by marque and model experts Autofficina Bonini Carlo S.r.l.

“Ferrari ‘Red Book’ Classiche certified which confirms it still retains its original chassis, body, engine and gearbox.

“Offered complete with its original books including the ever-important warranty/service supplement, leather wallet, and dedicated history file.”

Article continues below

Wolff has previously admitted that he doesn’t have “enough time” to drive his cars anymore, with the Austrian also believing that it perhaps doesn’t look great for him to be the boss of Mercedes whilst also “cruising around with a Ferrari”.

“I don’t get to drive the cars anymore. I don’t have enough time,” Wolff said at the 2021 Styrian Grand Prix.

“I don’t think it looks particularly good if I was cruising around with a Ferrari, although it is a fantastic brand.

“But I haven’t driven the cars for a long time and I’m going electric with Mercedes at the moment.”

READ: Nyck de Vries embroiled in legal battle over loan repayment

According to Hemmings Motor News, Ferrari F40s sell nowadays for over $1 million, with the vast majority going for around $1.5 million.

However, given the low mileage of Wolff’s car, it could see him pocket up to $1.9 million, with a higher value possible depending on how immaculate the condition of the car is.

It certainly shows that Wolff is a fan of the Italian manufacturer given his collection, although, it’s safe to assume that he likes them even more when George Russell and Lewis Hamilton are beating them.