Michael Jordan’s Iconic Ferrari Rediscovered After 15 Years in a Garage

Michael Jordan’s 1992 Ferrari 512 TR was recently found after 15 years in a garage. It nearly faced destruction from a fire but has been authenticated and is being restored. The car is expected to cost around $250,000 when it goes back on the market. Another of Jordan’s Ferraris survived a recent wildfire, but the owner is not selling it.
Michael Jordan’s famed Ferrari, a 1992 Ferrari 512 TR, has finally made a comeback after being lost for 15 years. The car was recently discovered in a garage where it faced the threat of destruction due to a fire. This particular vehicle links directly to the Chicago Bulls legend, as Jordan was famously photographed in front of the Bulls’ arena in 1992, seated in the eye-catching supercar before an important playoff game.
The Ferrari’s history is quite interesting. After Jordan parted ways with it in 1995, it came to be owned by Chris Gardner, whose inspiring life story became the basis for The Pursuit of Happyness. It was eventually auctioned off in 2010 for about $100,000, only to seemingly disappear from the spotlight thereafter. The car resurfaced in the possession of a private collector who had been battling cancer, though he is now cancer-free.
This collector, having verified the car’s identity with the vintage supercar dealership CURATED, is restoring it back to its former glory in Italy. The Ferrari is anticipated to hit the market soon, with a projected value around $250,000.
Moreover, there’s another bit of incredible news regarding Jordan’s red 1992 Ferrari 512. It recently survived the cataclysmic wildfires that swept through Los Angeles in 2024. A video captured the story of a neighborhood devastated by the fires, but one home emerged unscathed, housing the iconic car in its garage.
However, for those eager to purchase this piece of automotive history, the current owner has no intentions of selling. The businessman has expressed in an interview that he plans to fully restore the Ferrari and enjoy taking it for rides once it’s back in shape.
The 1992 Ferrari 512 TR is more than just a car; it’s a representation of Michael Jordan’s legacy. Its powerful 4.9-liter flat-12 engine packs over 420 horsepower and boasts impressive performance, going from 0 to 60 mph in less than five seconds, with top speeds surpassing 190 mph.
In summary, Michael Jordan’s iconic 1992 Ferrari 512 TR has been rediscovered after 15 years, stirring excitement both within car enthusiast circles and the NBA community. Owned by a private collector who is now cancer-free, the car is currently being restored and is expected to fetch a high price when it returns to market. Furthermore, another of Jordan’s Ferraris remarkably survived devastating wildfires, though its current owner remains resolute in not selling it anytime soon. The legacy of the vehicle remains strong, symbolizing Jordan’s status and impressive automotive performance.
Original Source: www.the-sun.com