One-of-a-kind 1952 Ferrari Arno XI race boat priced at $12 million - Business Insider

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This one-off, record-holding boat has a Ferrari race engine and a $12 million price tag — see the 1952 Arno XI

The 1952 Ferrari Arno XI is a record-holding race boat that uses the engine from a Ferrari Formula One race car.

It currently still holds the world record in the flying kilometer, according to its sale listing at DuPont Registry.Here's a boat that you've probably never heard of before, or seen in even your most bizarre dreams: the 1952 Ferrari Arno XI. Yes, it's real. And yes, it's for sale. Built to break the world speed record on water, it was proposed by Italian maritime racer Achille Castoldi, according to the listing on. The boat uses a twin-supercharged, race-prepared engine out of a Ferrari Formula One race car.

The DuPont listing doesn't include the price of the Arno XI, but a representative for the seller told Business Insider they're asking $12 million. The 1952 Ferrari Arno XI is a racing boat built to break world speed records on the water. It's now up for sale.Achille Castoldi, an Italian maritime racer, proposed the idea to Enzo Ferrari himself. Ferrari said yes.Castoldi commissioned a hardwood, three-point hydroplane with a mahogany veneer covering it.

 

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