Ferrari F40

vs

Ferrari 512 TR

Italy vs Italy — 1994 vs 1992

Ferrari F40 (1994)
Ferrari 512 TR (1992)
Specifications
F40 LM512 TR
Horsepower720 hp428 hp
Torque362 lb-ft
Engine Size2,936 cc4,943 cc
0-60 mph4.8 sec
Top Speed195 mph
¼ Mile13.0 sec
Weight3,247 lbs
Wheelbase2,451 mm2,550 mm
Length4,358 mm4,480 mm
Units Produced192,261
Original MSRP$200,000
Value (Excellent)$10,000,000$400,000
Collectibility5/108/10
Rarity10/106/10
The Verdict

Two outstanding machines, each with compelling strengths. The 1994 Ferrari F40 LM excels in more power, greater rarity, while the 1992 Ferrari 512 TR stands out for stronger collectibility, better value. The best advice? Drive both if you can, then follow your instincts.

Overview

The 1994 Ferrari F40 LM and 1992 Ferrari 512 TR share a manufacturer in Ferrari, but that's where the similarities get interesting. These two models reveal the versatility and ambition of the Ferrari brand. The 1994 Ferrari F40 LM holds a clear advantage in raw power with 720 hp compared to 428 hp, a 292-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Ferrari F40 uses a V8 displacing 2,936 cc, while the Ferrari 512 TR relies on a Flat-12 DOHC 48V with 4,943 cc. Rarity plays a significant role here — with only 19 units built, the 1994 Ferrari F40 LM is considerably scarcer than the Ferrari 512 TR's 2,261 examples. On the collector market, the 1994 Ferrari F40 LM commands a significant premium over the 1992 Ferrari 512 TR, reflecting differences in prestige and rarity. From a collectibility standpoint, the 1992 Ferrari 512 TR rates higher among enthusiasts and auction houses.