Michael Jordan’s Lost Ferrari Resurfaces After 15 Years, Set for Restoration

Michael Jordan’s lost Ferrari 512 TR, missing for 15 years, has been found in a garage after nearly being destroyed by fire. Once owned by Chris Gardner, the car will be restored in Italy and expected to sell for around $250,000. The red Ferrari also survived wildfires in Los Angeles, but its owner has no plans to sell.
Michael Jordan’s famous Ferrari 512 TR, which had seemingly vanished from the public eye for 15 years, has recently been discovered in a garage. This vehicle, closely associated with Jordan’s legacy as an NBA legend, was nearly destroyed in a fire but ended up unscathed. Fans and car enthusiasts alike are buzzing about its return, as it represents a unique bond between basketball and automotive history.
The Ferrari gained fame when Jordan was photographed outside the Chicago Bulls’ arena in 1992, just before a critical Eastern Conference semifinal game. At that time, Jordan, who was 29, was clearly seen in his sleek 1992 Ferrari 512 TR. After Jordan sold the car in 1995, it eventually came into the hands of Chris Gardner, whose life story inspired the movie “The Pursuit of Happyness.”
The car was auctioned off again in 2010 for around $100,000, but then it seemed to disappear until recently. A private collector acquired the Ferrari but faced a tough battle with cancer. Fortunately, he has since recovered and chose to consult with the vintage supercar dealership, CURATED, about the car’s background and authentication.
Soon, the car will undergo full restoration in Italy. The new estimates suggest that once it is refurbished, the Ferrari could hit the market again with a price tag near $250,000. Furthermore, another of Jordan’s red 1992 Ferrari 512s survived the catastrophic wildfires in Los Angeles in 2024, adding to the car’s mystique.
In a poignant video, it was shown that the only house left standing in a ravaged neighborhood belonged to the owner of this miraculous Ferrari. Sadly for potential buyers, the owner revealed he has no intentions of selling. He spoke passionately about plans to restore and drive the iconic vehicle once it is fully repaired. With a flat-12 engine that produces over 420 horsepower and a lightning-fast acceleration from 0 to 60 mph in under five seconds, this car exemplifies Jordan’s elite status, hitting speeds that exceed 190 mph.
The return of Michael Jordan’s Ferrari 512 TR has generated a significant buzz in both the car enthusiast community and sports world. The vehicle, which has connections to Jordan’s iconic status and historical significance, was nearly lost but is now set for restoration and valuation. With another of Jordan’s Ferraris having survived a devastating fire, collectors remain intrigued, though the current owners are not ready to part with these iconic symbols of basketball excellence.
Original Source: www.the-sun.com