It will go under the hammer during the final weekend of the annual Barrett-Jackson auction in Scottsdale, Arizona, January 20th to the 28th.
He says, "My eyesight, my reflexes, they aren’t what they need to be to drive this car, so I decided someone else needs to enjoy it.” It boasts a V-12 gas-plus-electric motor that generates 950 horsepower, and goes from zero to 60 miles-per-hour in three seconds with a top speed of 217 miles-per-hour. "It's just beautiful and charismatic and everybody says why am I selling it. Well, it's so fast, it's so powerful, it's way beyond my skills and abilities. It scares me to death. I think it's shaving years off my life every time I drive this car."
A blue LaFerrari recently sold at auction for just over $4 million, and Rod Stewart, who has the same publicist as Hagar, had shown interest in Hagar’s before buying one in September. Hagar's has just over a thousand miles and he hopes to come away with more than $3 million.
Hagar was one of 499 people in the world to order the car in 2014, and he took delivery of it a year later. His is a complete one-of-a-kind design with a cream white exterior and black and cream interior -- styled after his jet. When he ordered it he said, "I see a lot of cool stuff out there, sure, but then I think, 'Wait, I’m so hot for a car that could well be the best there is.' It’s like thinking about eating a hot dog when you’ve got this tasty Italian sausage waiting for you.”
But he's not done with Ferrari. In addition to a few vintage models in his collection, he recently ordered the Italian car manufacturer’s SUV, the Purosangue. The base price is around $400,000 and he says his will be in British racing green with a camel interior.