Ferrari’s new Gran Turismo is inspired by Formula One technology and benefits from over fifty years of Ferrari success. The Enzo is one of a limited series of road cars that includes the 288GTO, F40, and F50, and is named after the company’s founder. Ferrari’s goal to develop the most exclusive and technologically advanced road automobile is evident in these vehicles.
It is not a novel concept for Ferrari to apply race-derived technology to road cars. Ferrari’s road and racing cars were basically the same product until the late 1950s. Since then, safety standards, manufacturing costs, and practicality have distinguished race cars from cars we drive daily. The Enzo’s mission was to close this gap.
“To bring together our racing success and the fundamental role of races, I decided that this car, which represents the best of our technology, should be dedicated to the company’s founder, who always thought racing should lay the foundation for our road car designs,” says Luca de Montezemolo.
The Enzo, which was manufactured at Maranello and tested by both Michael Schumacher and Dario Benuzzi near Fiorano, was the result of a plethora of Ferrari skills. The idea was known internally as the FX, and it cost Ferrari 20 million euros to develop.
With an initial manufacturing run of 350 Enzos, some were made in red, yellow, or black, with the option of a custom color if the customer’s relationship with the company was strong enough. Ferrari made a profit of USD 554,000 (487,700€) on the extra fifty automobiles, bringing in USD 28.8 million (or 24.4 million euros). With these data, Ferrari has demonstrated that they can not only sell half-million-dollar cars but also profit from them.
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So, let’s take a closer look at this magnificent Enzo Ferrari!
Before embarking on a successful racing career, Enzo Ferrari lived a privileged existence. He also built and ran one of the world’s most well-known sports car companies, as well as one of the most successful racing championship teams in history.
The formal name of Enzo is Enzo Anselmo. Giuseppe Maria Ferrari was born in Modena, Italy, in 1889 and received only a basic education. After seeing Felice Nazzaro win the 1908 Circuito di Bologna when he was eleven years old, he was inspired to become a racing driver.
Ferrari also aspired to be an opera singer, but the flu deaths of his father and brother in 1916 pushed him to mature rapidly, and he dropped out of school to work as a fire department teacher in Modena.
During World War I, Enzo served in the Italian Army’s 3rd Mountain Artillery Regiment. During the 1918 flu pandemic, he fell dangerously ill and was released from the Italian Army.
Enzo began his career as a driver for Alfa Romeo in 1920, and in 1923, he won his first Grand Prix at Ravenna’s Savio circuit.
Ferrari chose to retire from racing after the birth of his son Alfredo (Dino) in 1932 and concentrate on the management and development of Alfa race cars, forming a race squad of superstar drivers. Scuderia Ferrari was Alfa Romeo’s racing branch and was created by Enzo Ferrari in 1929. Around this time, the prancing horse emblem began to appear on his team’s vehicles.
Enzo Ferrari legally stood down as president in 1977, but he retained effective control of the company. Ferrari died in Maranello on August 14, 1988, only days after earning an honorary degree in physics from the University of Modena. His cars won almost 4,000 races and 13 world titles during his tenure. In 1994, he was inducted into the International Motorsports Hall of Fame in honor of his achievements.
The History of Ferrari Enzo
Depending on whom you ask, the magnificent Ferrari Enzo was Ferrari’s first true hypercar—appropriate for a car bearing its founder’s surname. The Enzo was the hugely successful follow-up to the fairly failed F50 and was part of the elite pantheon of five halo Ferraris that included the 288 GTO, F40, F50, and subsequently LaFerrari. The F50’s success was not evaluated in monetary terms—the 349-unit run of the F50 was sold out as planned—but the F50 failed to catch the public’s imagination with the same zeal as the predecessor F40, especially in the shadow of the current McLaren F1.
High-Tech Halo: 2003 Ferrari Enzo
The Enzo, which was introduced in 2002 for the 2003 model year, faced no such challenges. The naturally aspirated 6.0-liter V-12 positioned amidships was an instant triumph, as was the clean-sheet, sharp Formula 1-inspired design. The Enzo is also considered the first “modern” halo Ferrari, utilizing carbon fiber construction in earnest as opposed to the green, thick-woven application of preceding cars, which was prone to degradation. In the early 2000s, race-derived technology like traction control, active aero, and carbon-ceramic brakes were cutting-edge. The single-clutch automated manual six-speed “F1” transmission was also impressive at the time, capable of shifting in 150 milliseconds—amazingly fast for the time, even though modern dual-clutch units have already dropped cog-swap intervals into the 20-millisecond range, and even modern automatics can shuffle shifts in the 100-millisecond range.
Power & Performance
The 6.0-liter naturally aspirated V-12, as magnificent as that cutting body was, was the show-stopper. The 3,260-pound wedge was propelled to 60 mph in 3.3 seconds and on to a top speed of 218 mph by a whopping 651 horsepower and 485 lb-ft of torque spun through the six-speed manumatic transmission to the rear wheels. Considering that most rear-wheel-drive supercars barely exceed that acceleration statistic and seldom make it above 210 mph, those are still incredible stats.
The Enzo debuted flanked by a bevy of direct opponents, both eerily hailing from the same brands, just as the subsequent LaFerrari did alongside the McLaren P1 and Porsche 918. Within a year of its birth, the Enzo was opposed by the Porsche Carrera GT and the Mercedes-McLaren SLR, and nearly two decades later, the Enzo’s mythos is only strengthened by that famous competition.
Enzo Ferrari Highlights
- Status and Iconic Style
The Ferrari Enzo is the car for enthusiasts of a certain generation. The Enzo created a lasting impression on the current Ferrari community, rivaled only by the F40, with its love-it-or-hate appearance, epic V-12 soundtrack, and genre-defining technology. Due to the combination of old-world natural aspiration and minimal driver assistance, as well as cutting-edge tech like carbon-ceramic brakes, Enzos are still cherished and sought-after pieces of garage candy two decades later.
- Unicorn Configuration
The Enzo is a fantastically exhilarating automobile, even with the somewhat clumsy transmission. The Enzo’s sound and speed are enough to justify the purchase, and the knowledge that it is very likely the last natively aspirated, non-hybrid, mid-engine V-12 hypercar made is incentive enough to stay,
- Uncommon Value
Supercars from the early 2000s are still finding their feet, both in the market and among enthusiasts. Some consider these elderly sportsmen to be little more than a poor man’s excursion into supercars, the rides of the budget-conscious. The Enzo is one of the few cars made between 2000 and 2008 that has appreciated significantly over its initial purchase price. A well-optioned, well-kept Enzo will fetch between $2 million and $2.8 million if you were one of the lucky 400 to swallow the $659,000 original buy-in and managed to keep your Enzo through the market’s ups and downs. Even after factoring in inflation, you’re up around $1 million.
Buying Advice for the Ferrari Enzo
The Enzo is the most common of the halo Ferraris in terms of rarity—there were 272 288 GTOs manufactured, 1,341 F40s, 349 F50s, 400 Enzos, and 499 LaFerraris—but that doesn’t mean it won’t be expensive to maintain. Because the Enzo is a limited-production car, much of the routine maintenance will nickel-and-dime you to death, with $1,600 oil changes and semi-frequent clutch pack swaps, while major engine overhauls and busted bespoke componentry will easily push your bill into the five-figure (if not six-figure) range.
Our recommendation? Purchase a vehicle with a low mileage that has just been serviced. Most (but not all) Enzos available at major auction houses are excellent specimens, and you can’t go wrong if you get the right one. Prices for Enzos have been steady for the previous few years, so don’t anticipate this to increase in value.
Enzo Ferrari FAQ
You should expect to pay between $2 million and $2.8 million for the privilege, depending on color, mileage, and origin, though there are always exceptions. If you could travel back in time, the original MSRP was roughly $659,000.
Definitely less than the initial 400. A few high-profile wrecks and fires have reduced the stock, but we estimate there are still around 375 Enzo’s parked in garages around the world.
Well, it’s safe to assume that the Ferrari Enzo owners club is a wealthy one, but we do know that world champion boxer Floyd Mayweather Jr., Jamiroquai leader Jay Kay, and actor Nicholas Cage all owned Enzo’s at one point or another.
What are your thoughts about the amazing Ferrari Enzo? Comment down below!
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