It used to cost less than $1.5 million, today Ferrari F50 is sold for over 5 million!

Ralph Lauren is one of the most famous and successful fashion designers in the world, but in automobile circles he's just as popular for one of the most impressive car collections on the planet.

Now, a 1995 F50 Ferrari he once owned will be auctioned and can easily become one of the most expensive F50s ever sold publicly.

The Ferrari produced only 349 F50s in total, and of them only 55 were produced according to specifications for the American market, follows Periscope.

Loren's car is one of only two American units, painted in Gialo Modena, broadcasting Telegragraphy.

Usually, when Lauren buys a car, she keeps it forever. However, he gave up this F50 in 2003 and has since been owned by another owner.

RM Sothebys says this extraordinary F50 can be sold between 6.5 million and 7.5 million dollars.

Even if it is sold for less than $6.5m, it will be $1m more than the previous expensive F50 sold at auction, which reached a price of $5,532,500 in February.

That car traveled 2,174 miles [2,174 km]. Lauren's ex-F50 traveled a little less than 8,690 miles.

Ferrari F50 Giallo Modena appeared at several events during the 2000s, but has not been on public display since 2009, when she attended the Florida fair.

The last service was made last year when the fuel tank was replaced.

F50 was once not considered as valued as F40, but things have changed in recent years.

Thanks to other things, his V12 engine, extracted from Formula 1 and its extraordinary rarity, is now considered one of the finest Ferraris of all time on the road, which is clear when you see the value of low mileage units.

Ten years ago, F50 could be bought for less than $1.5m. Today they are sold for over 5 million.