Michael Jordan's 1997 Ferrari 550 Maranello sells for $2.7 million at JOOPITER auction

Auction result and estimate comparison

Michael Jordan's 1997 Ferrari 550 Maranello sold for $2.7 million at an auction held via JOOPITER. The result more than doubled the house's $1.3 million high estimate for the car, which Jordan is identified with from his post-finals career behind the wheel.

The car and its championship provenance

Delivered new on 29 May 1997, the Rosso Barchetta Ferrari had been in his garage briefly when he left the arena with cigar and trophy in hand after clinching his fifth NBA championship at Chicago's United Center. The car became a regular fixture throughout Jordan's final championship years with the Bulls, accumulating roughly 6,400 miles on trips to games, practices and public appearances while wearing the Illinois vanity plate "MJ 5". It retains its original factory warranty card bearing Jordan's signature and his Durham, North Carolina address.

Specifications and production context

The Ferrari 550 Maranello was designed by Pininfarina as a two-seat, front-engined V12 grand tourer, with Ferrari producing 3,083 examples between 1996 and 2001. Jordan's specific car is a 1997 model, chassis 108712, powered by a 5.5-liter naturally aspirated V12 producing 485 hp paired with a six-speed gated manual, finished in Rosso Barchetta over a tan leather interior. Its odometer currently reads 18,501 miles.

Influence on the Air Jordan XIV

Beyond its automotive significance, the Maranello served as a direct design reference for Tinker Hatfield's Air Jordan XIV, with Hatfield borrowing cues including quilted leather, sculpted vents, a tire-inspired heel and the shield-shaped Jumpman badge.

Ownership history

Jordan sold the Ferrari through Lake Forest Sportscars in December 2002, after which it disappeared from public view for nearly 24 years. The car was eventually traced to a long-term California owner before CURATED co-founder John Temerian acquired it and returned it to Chicago in May 2026, prior to the JOOPITER sale.