EPISODE · Aug 16, 2026 · 12 MIN
Study 179: Forty Million for Chassis 0: The Auction That Refuted Our Own Reading of It
from Objects of Affection Collection — Studies · host Objects of Affection Collection
The first production example of Ferrari's first electric car sold at RM Sotheby's Monterey on 15 August 2026 for forty million dollars, roughly thirty-six times its pre-sale estimate and sixty-two times its list price, with the buyer's premium waived and every dollar directed to the Ferrari Foundation. This study grades the institution's own prior reading of the sale, published a month before it occurred, and finds it half right. The claim that firstness is a decreed rather than earned scarcity survives the result. The claim that the sale was an instance of Speculative Velocity does not, becau
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Study 179: Forty Million for Chassis 0: The Auction That Refuted Our Own Reading of It
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