Blogs Luxury Market

Vince Bond Jr.

Reporter and Community Editor

Email

Subscribe to RSS

Follow on Twitter

Google+

Dealer putting Mayweather's big-ticket Enzo back on the market

 1 Comment

 Print

 Reprints

 Respond

A familiar guest is back at exotic-car dealership Fusion Luxury Motors.

The rare 2003 Ferrari Enzo supercar that boxer Floyd Mayweather bought from the dealership in January is going back up for sale.

Obi Okeke, co-owner of the Chatsworth, Calif. dealership, said he will sell the car for Mayweather. He’s expecting to list it between $3.6 million to $3.8 million.

Mayweather said during the lead-up to his May fight with Manny Pacquiao that he bought the Enzo for $3.2 million.

“When this Enzo goes up, it’s going to bring a lot of excitement to the market,” Okeke said in an interview today. “… I’ll probably put it up for sale on Monday, but it’s in my showroom right now.”

The undefeated boxer’s Enzo is one of only 111 models built to U.S. specifications. Okeke said just 400 were built overall, with the final one being donated to Pope John Paul II — who put it up for auction to help fund relief efforts after the Indian Ocean tsunami struck in December 2004.

The Enzo, which zooms from 0 to 60 mph in 3.14 seconds, sports a V-12 engine that pumps out 660 hp.

If buyers don’t act quickly, the price could surge in a few months.

“The U.S. spec Enzo brings more money. No. 400 is actually going up for auction at Pebble Beach in August. They’re saying that car might bring $5 million,” Okeke said. “If it brings $5 million, then Floyd’s car — if I still have it — I gotta raise the price up.”

Okeke has sold Mayweather 39 cars, including three Bugatti Veyrons for $6.2 million combined.

Will Mayweather one day add the Veyron’s successor, the Chiron, to his collection?

The Chiron isn’t out yet, but Dr. Bugatti — as Okeke is sometimes called — is already doing research.

Okeke said, “I’ve been in conversation with the president of Bugatti, but they’re telling me it’s going to be released at the end of 2016.”

You can reach Vince Bond Jr. at vbond@crain.com. -- Follow Vince on

 1 Comment

 Print

 Reprints

 Respond