Ferrari Sells for 5.1M Euros, a Belgian Auction Record
A 2015 Ferrari LaFerrari sold for 5.1 million euros at auction in the Belgian coastal town of Knokke-Heist on Friday evening, setting a new record for the most expensive car ever sold at auction in the country, VRT NWS reports. The sale during the Zoute Grand Prix Car Week came as the event’s two international auctions together raised about 45 million euros.
The hypercar, sold by US-based auction house Broad Arrow Auctions, had been expected to fetch between 4 and 5 million euros, meaning it outperformed even the most optimistic pre-sale estimates.
A Rare Specimen
According to HLN, the car was bought new in Belgium about 11 years ago for roughly 1.2 million euros, meaning its value increased more than four-fold. It was one of only five LaFerraris delivered new in Belgium and one of just 499 built worldwide.
Several factors drove the price. The car was finished in the rare Grigio Ferro Metallizzato colour, a shade applied to only about 2.5 percent of LaFerraris produced. At the time of cataloguing, it showed just 13,069 kilometres on the odometer and had been maintained throughout within the official Ferrari network, complete with its original documentation folder and maintenance records.
Under the bodywork sits a 6.3-litre V12 engine paired with a Formula 1-derived HY-KERS hybrid system, producing 963 horsepower and a top speed of more than 300 km/h. A new high-voltage battery was installed by the factory in August 2026 under Ferrari’s Power Warranty. The LaFerrari was Ferrari’s first hybrid hypercar, succeeding the legendary Enzo.
“The exclusivity begins already with the extravagant gullwing door,” Gregory Tuytens of Broad Arrow Auctions told HLN. “The LaFerrari was Ferrari’s first hybrid hypercar and followed on from the legendary Enzo.”
Strong Results Across the Board
The LaFerrari anchored a strong week for the event’s auctions. The Broad Arrow sale on Friday raised 33.6 million euros from 85 exclusive cars, with 85 percent of lots sold — some 7 million euros more than the previous year. HLN reports that the Sunday sale by UK-based Bonhams added close to 12 million euros, bringing the combined total to about 45 million euros.
Other notable lots reflected a buoyant top-end market. The two other members of the modern hypercar “Holy Trinity” also changed hands: a McLaren P1 sold for about 1.8 million euros and a Porsche 918 Spyder for roughly 3.2 million euros. Bonhams’ highlight was a 1970 Lamborghini Miura P400S, which fetched approximately 1.725 million euros. A Cadillac once owned by King Baudouin sold for almost 45,000 euros.
The weekend also carried a charitable dimension. Princess Claire, honorary president of the Queen Paola Foundation, attended the finish of the Zoute Classic Rally and a gala later that evening, where a benefit auction raised 65,000 euros — the full amount going to the foundation, which supports children and young people in vulnerable situations.
A Growing Draw for Collectors
The record caps the 17th edition of the Zoute Grand Prix, an annual luxury car gathering in the wealthy West Flanders municipality. Entrepreneur Marc Coucke took over much of the event about a year and a half ago and has expanded it; it has since become the leading annual event in Knokke-Heist and a major international destination for classic and luxury car collectors.
“With these results, Knokke-Heist confirms its international appeal among collectors,” the event’s organisation said in response to the record sales.
The event ran largely without incident, though on its first day a participant was issued a police fine for dangerous driving after performing stunts in a Ferrari F40.
What’s Next
The record speaks to the continued strength of the collector-car market at the very top end, particularly for rare, low-mileage modern hypercars with provenance. For Knokke-Heist and its organisers, the challenge will be sustaining that momentum.
The 18th edition of the Zoute Grand Prix Car Week is scheduled for Wednesday 6 to Sunday 10 October 2027.