Ferrari tops auction of 33 seized supercars from Prince Holding Group at $32.6m

A Ferrari LaFerrari fetched the top price of NT$135 million (~HK$32.6 million) on Monday at an auction of 33 luxury supercars seized from Chen Zhi of Prince Holding Group during a Taiwan cross-border gambling and fraud investigation.

Following an investigation by the Taipei District Prosecutors Office, authorities seized Chen's assets, totaling over NT$5 billion (~HK$1.28 billion).

According to reports, the seizure includes 33 supercars, among which are dubbed the "Four Divine Beasts"—the Bugatti Chiron Sport, Ferrari LaFerrari, McLaren P1, and Porsche 918 Spyder.

During the auction held this morning, the eye-catching yellow Porsche 918 Spyder was sold shortly after bidding began for NT$56 million (approximately HK$14.3 million).

Notably, the Ferrari LaFerrari, a limited-edition hypercar, achieved the highest sale price of the auction at NT$135 million (~HK$32.6 million).

Meanwhile, the Bugatti Chiron Sport, with a starting bid of NT$95 million (~HK$23 million), was left unsold.