Fernando Alonso's Ferrari Enzo Is Expected to Sell for Over $5.4 Million at Auction

Formula 1 legend Fernando Alonso is planning to sell his Ferrari Enzo at an auction in Monaco in June, with an estimated sale price of over $5 million.

Monaco Car Auctions announced Monday plans to sell Enzo "Scocca n.1" (which translates to shell #1) at its L'AstraRossa event happening on June 8, complete with a Ferrari Classiche Red Book to certify its authenticity. The car has only been driven 4800 kilometers (around 3000 miles) since new.

Alonso raced for Ferrari from 2010 to 2014, long after the Enzo ended production. It's unclear when he acquired the car, or why he's selling it now. Perhaps he doesn't want to be seen behind the wheel of a competitor automaker, as he's currently in contention for the F1 championship driving for Aston Martin.

Ferrari made just 400 Enzos. An average example now changes hands for over $1 million. This car, being such a low-numbered production version with serious ownership provenance, will likely change hands for much more. Monaco Car Auctions estimates it'll sell for over 5 million euros (about $5.4 million) during its June 8 event.

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