Ferrari 360 Spider F1, called 3 Sep 2026.

A 2002 Ferrari 360 Spider F1 running on Collecting Cars out of Werribee, Victoria — Rosso Corsa over Nero with silver trim accents, 53,132 kilometres, a Hong Kong-delivered right-hand-drive car registered in Australia in 2023, VIN ZFFYT53C000129035, three keys, 143 photographs.

The eight Australian lots behind the $106,000 base are Modenas: seven F1 coupes running $96,000 to $147,000 and one gated manual at $236,200 that is excluded. There is no local Spider result at all. The nearest measurement that exists is the American market benchmark, where 360 Spider F1 cars carry about six per cent OVER Modena F1 cars while the manuals run about three per cent the other way.

Which is half the measured American gap, halved because it is one foreign benchmark set against an Australian record that contains no Spider. If a local Spider ever transacts this figure gets rebuilt on it.

Against the $106,000 base the hierarchy gives minus 1.0 per cent for 53,132 kilometres against the 50,000 this record now expects, plus 5 for Rosso Corsa and plus 8 for a full service history. Add the plus 3 for the Spider body and the answer is about $122,300. Then take the belts.

At 45,068 kilometres the car had cam timing belts, tensioner bearings, a water pump kit, a clutch kit, intake manifold and cam cover gaskets, camshaft seals, engine mounts and a replacement exhaust system. That is essentially the whole deferred-maintenance tail of a 360 done in one visit, and front and rear discs and pads have been done since.

The belts fitted in June 2023 are at the end of a three-year cycle now, this record puts the cambelt service at $3,800, and the next owner pays it rather than the last one. Minus $3,800 takes the figure to about $118,500. The call is set at $115,000, three per cent under it, and the three per cent is the paint.

This record's single strongest finding is that a 360 which has left its factory colour is worth roughly twenty per cent less: the two dearest F1 cars in the set, $147,000 and $135,000, are the two that have never been recoloured, and the two cheapest, $103,000 and $96,000, were both taken out of Giallo Modena.

Rosso Corsa is a factory colour for the model and nothing here suggests otherwise, so nothing is deducted for it - but a car sitting in the group worth twenty per cent more than the other group, on an unstated fact, does not get called at the top of its band. One question to the seller settles it and is worth about $20,000.

Ten dated odometer entries run from 4,129 kilometres in February 2003 to 45,068 in June 2023. This desk has taken $30,800 off a Ferrari in the last week for a service history that was claimed and photographed nowhere; this one is written down and it earns the credit the model gives it. The gap is the other end: 8,064 kilometres and three years since the last recorded entry, which is the same three years the belts have been in the car, and the two are the same fact.

Five of the eight local lots are UK or Hong Kong cars complied in Australia, and the dearest F1 in the set is a British car. The provenance discount this library measures on the 550 Maranello does not carry across to the 360, which is worth stating because carrying it across is the obvious mistake.

The registration MANBLK is a personalised plate, and the house's own terms say a personalised registration is not part of the sale unless the listing states that it is. This one does not. It is priced at nothing rather than deducted for, but a bidder who thinks he is buying the plate is not.

The F1 actuator is $4,200 on this record and is undated on a twenty-four-year-old car; nothing in the advertisement suggests a fault and nothing in it rules one out.

844 views and 68 saves. Buyer's premium of six per cent plus GST applies on top, minimum A$2,200 and capped at A$12,100 including GST, so a $115,000 hammer is about $122,590 to the buyer. Predicted hammer $105,000 to $127,000, midpoint $115,000.

$82,500 from 23 bids with four days left, 28 per cent under the call and under the $105,000 band floor. Four days is too early to read on this platform, where most of the price discovery happens in the final hour. Recorded, not interpreted. The call does not move.