MOTORHEADS are rushing to bid on this iconic 1990s Ferrari selling for an eye-watering $5million.
The bright red beauty has been listed on Craigslist for a hefty price, but it has less than 10,000 miles on the clock.



The F40, with its iconic rectangular-shaped rear spoiler, boasts a top speed of 229mph and a 0-60mph of just 3.1 seconds.
It was the fastest road car in the world at the time and cost £300,000 brand-new.
Footie legend Diego Maradona, opera singer, Luciano Pavarotti and F1 drivers, Nigel Mansell and Alain Prost all owned models.
Bidding was set to start at $2.5million, but the valuation has now increased to a whopping $5million with the Ferrari in “excellent” condition.
It boasts eight cylinders, and just 7,430 miles on the clock which means this coupe has a lot of drive left in it.
There’s also no damage history, and it’s been stored in a temperature controlled unit in Southern California.
Those interested in the motor can join the auction either in person or over zoom.
The court appointed broker selling the vehicle said: “I will have a physical inspection day for qualified bidders and their technicians prior to the auction date.”
The auction will be taking place on August 12 next month.
This comes as a classic Lamborghini once owned by Jamiroquai frontman Jay Kay is tipped to sell for a bumper £2.75million.
The Virtual Insanity star owned the red 1972 Miura P400 SV at the height of his chart fame.
The rare Lambo – dubbed the first supercar – was just one of 150 ever made.
The 177mph motor’s V12 engine allowed it to go from 0-60mph in just five seconds.
The blockbuster auction comes two decades after its famous Top Gear appearance.
Kay, 54 – who boasts a vast car collection – brought it on the show in 2004, taking Richard Hammond for a spin.
The pop star then said on the show: “This car was so ahead of its time.
“It’s a wonderful, wonderful thing.”
Other proud owners of other Lamborghini Miuras included Frank Sinatra and Rod Stewart.
Kay’s old one is being sold by RM Sotheby’s.
And, after a rare Classic MK2 Ford Escort rally car is up for auction at an eye-watering price.

It is up for auction on August 12[/caption]
Those interested in the motor can join the auction either in person or over zoom[/caption]
It boasts eight cylinders, and just 7,430 miles on the clock which means this coupe has a lot of drive left in it[/caption]