
Ferrari Testarossa F512 M
1994 to 1996 · Coupe · 501 built
A 1994 Ferrari Testarossa F512 M cost $220,000 new. Across every sale we have on file, 33 have sold publicly at a median of $510,000. The Shifty Estimate for a well-kept example is $535,500. Across the sales we have on file, prices ran from $223,500 to $912,500, depending on mileage, color, and history.
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- Median · all time
- $510,000
- Sales · all time
- 33
- Market cap
- $268.3M · 501 built
- Original MSRP
- $220,000Up 143% since new
Collectible

The market
Community
Latest results


Sold $912,500

Sold $510,000

Sold $550,000

Sold $565,000

Sold $440,000
Specifications
- Engine
- Flat-12, 4.9L
- Power
- 440 hp
- Torque
- 369 lb-ft
- 0 to 60
- 4.7 s
- Top speed
- 196 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Curb weight
- 3,527 lb
- Production
- 501 built
- Original MSRP
- $220,000
- Designer
- Pininfarina
Common questions
How much does a Ferrari Testarossa F512 M cost?
A 1994 Ferrari Testarossa F512 M cost $220,000 new. Across every sale we have on file, 33 have sold publicly at a median of $510,000. The Shifty Estimate for a well-kept example is $535,500. Across the sales we have on file, prices ran from $223,500 to $912,500, depending on mileage, color, and history.
What is a 1994 Ferrari Testarossa F512 M worth today?
The Shifty Estimate is $535,500. We rate confidence medium: 33 public sales in a year is a thin market, and the spread between them is wide.
Is a Ferrari Testarossa F512 M a good investment?
It has appreciated 143% against its $220,000 list price. Only 501 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $223,500 to $912,500, and mileage explains most of that.
What is the most expensive Ferrari Testarossa F512 M sold?
The highest public sale on file is $912,500, on Aug 16, 2025.
What has a Ferrari Testarossa F512 M sold for at auction?
The 3 most recent public sales we have on file:
- $375,000Jun 8, 2026Red · 10,563 mi
- $541,000Sep 10, 2025Red · 21,127 mi
- $912,500Aug 16, 2025Giallo Modena (102)
About the 1994 Ferrari Testarossa F512 M
The F512 M represents the ultimate evolution of Ferrari's flat-12 lineage, with just 501 examples marking the end of an era. Producing 440 horsepower, it was the most powerful and refined of the Testarossa family, featuring exposed headlights, a redesigned nose, and improved aerodynamics. The 'M' designation honored Ferrari's return to Formula 1 glory, while Pininfarina's subtle styling updates created a more aggressive, purposeful appearance. At $220,000 new, it was expensive even by Ferrari standards, but that exclusivity now drives its collectibility. The F512 M represents the last naturally aspirated flat-12 Ferrari, making it a significant milestone car. With production numbers rivaling modern limited editions, clean examples command serious money as collectors recognize this as the final chapter of one of Ferrari's greatest engine architectures.
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