Ferrari's first Lampredi-engined road and competition family — America, Mexico and MM.
The 340 family was Ferrari's first Lampredi-engined road / competition line. Launched as the 340 America in 1950, it was joined in 1952 by the Carrera Panamericana-oriented 340 Mexico and in 1953 by the 340 MM.
Bodies were coachbuilt by Touring, Vignale and Ghia; specifications and body attributions vary car by car.
The introduction of the 4.1-litre Lampredi V12 to Ferrari's road / competition line and the direct ancestor of the 342 America and Ferrari 375 (America, MM & Plus). Chassis identity, coachbuilder attribution and any period-competition record are decisive.
| Variant | Years | Production | Notes |
|---|---|---|---|
| 340 America | 1950–1952 | — | First of the Lampredi 4.1 line. 4.1-litre Lampredi V12, 220 PS. Bodies coachbuilt by Touring, Vignale and Ghia. A Vignale berlinetta won the 1951 Mille Miglia. |
| 340 Mexico | 1952 | — | 4 built — 3 Vignale berlinettas and 1 Vignale spyder. 4.1-litre Lampredi V12, 280 PS. Built for the Carrera Panamericana; Chinetti/Lucas finished 3rd in 1952. Per Wikipedia / marque specialists. |
| 340 MM | 1953 | — | 4.1-litre Lampredi V12, 280–300 PS — sources conflict, Verify flag. Bodies coachbuilt by Vignale, Touring and Pinin Farina. |
Any purchase should begin at Ferrari Classiche in Maranello. Confirm chassis and engine identity, coachbuilder attribution and every body- and engine-specific record before pricing. For the 340 specifically, verify the sub-model (America, Mexico or MM), coachbuilder attribution and any period-competition record against Ferrari Classiche and marque-specialist sources — total production counts across the family are contested.
These early Lampredi Ferraris were bodied individually. Confirm the specific coachbuilder against Ferrari Classiche's records and period photography, and reject any car whose bodywork attribution cannot be documented.
Restoration standard is decisive. Confirm the extent of any body, trim or mechanical restoration, the coachbuilder- and race-shop-competence of the shop that carried it out, and the originality of engine, gearbox and driveline against Ferrari Classiche's records.
Ownership continuity is a material value driver. Confirm the ownership record, matching identity of engine and chassis, and any period competition or concours record against the Ferrari Classiche archive.
Regional ranges authored independently — each reflects its local market, not an FX conversion
Each region quoted in its local currency — independent market readings, not FX conversions
Competition-history barchettas anchor the top of the market at $5.7–8.2M; berlinettas and coupés typically trade in the $3–4M band. Recent softness: a 340 America went unsold at Bonhams' Zoute Sale in October 2024 against a €3–4M estimate, and another was unsold at RM Sotheby's Monterey in 2025 — provenance and originality now separate results sharply.
| Date | Auction | Car | Mileage | Result |
|---|---|---|---|---|
| 2016-05-14 | RM Sotheby's Monaco | 1951 340 America Barchetta by Touring (ex-Le Mans, ex-Targa Florio) | — | $8,226,400 Sold |
| 2023-02-03 | Artcurial Rétromobile Paris | 1951 340 America Barchetta Touring Superleggera | — | €5,706,000 Sold |
| 2023-08-18 | Gooding & Company Pebble Beach | 1952 340 America Berlinetta | — | $3,085,000 Sold |
Ferrari's first Lampredi-engined road / competition family and the direct ancestor of the 342 America and Ferrari 375. Chassis identity, coachbuilder attribution, matching-number originality and any period-competition record separate the strongest cars.
Our view, not advice. This section is Car Collector International's editorial judgement on where this model sits in the collector market, based on the production, specification and market data set out in this guide. It is not a recommendation to buy or sell and it is not investment advice. Values can fall as well as rise.
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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.
