Lee Iacocca's Ferrari F40 headed to auction

A 1991 Ferrari F40, built specifically for Lee Iacocca during his tenure as chief executive of Chrysler, will be auctioned off Friday, January 20, through RM Auctions.

Originally owned by Lee Iacocca, this Ferrari F40 has only had 2 other owners. RM Auctions

A very distinctive 1991 Ferrari F40 Berlinetta, built for Lee Iacocca while he was at the helm of Chrysler, will be put on the auction block on Friday, January 20.

Arizona auction house RM Auctions expects the 21-year-old F40 to sell for between $650,000 and $750,000.

The F40 is numbered 94 of the 213 U.S. spec F40s, produced in 1990. The five-speed manual V-8 has less than 300 miles. The car is still unregistered and is listed on its Manufacturer's Statement of Origin (MSO).

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