Jordan-owned Ferrari 550 Maranello Auction; 849 Testarossa

A 1997 Ferrari 550 Maranello, once owned by Michael Jordan, has been rediscovered and is set to auction in September with a pre-sale estimate of $700,000 to $1.3 million. Ferrari's current performance narrative centers on the SF90 and the 849 Testarossa, with the latter adopting a dramatic new design and the open-top 849 Testarossa Spider featuring a folding aluminum roof. The 849 sits below the top-end F80 in Ferrari's lineup, signaling a shift toward a more angular, modern aesthetic while maintaining high power. In the broader market, rare late-model Porsches such as the 718 Cayman GT4 RS with the Weissach Package command strong values at auction and resale. Separately, a 2018 Ferrari 488 Spider with ultra-low mileage remains valued around $250,000–$300,000, illustrating continued appeal of pristine examples.