Jackson's Pepsi Ferrari auctions for $80,000



2015-06-26 13:25:39

Jackson's Pepsi Ferrari auctions for $80,000

A Ferrari Testarossa driven by Michael Jackson in a Pepsi commercial auctioned on September 15

A 1986 Ferrari Testarossa driven by Michael Jackson in a Pepsi commercialhas auctioned for $80,100 on eBay.

The car, which was sold by a collector in Hollywood, was made into a convertible at a cost of $40,000 at the time the commercial was filmed and was driven by Jackson himself. It has been in storage ever since.

 The Ferrari Testarossa was made into a convertible at a cost of $40,000

The series offour adverts, released in 1987,was titled The Chase.They featured Jackson, as himself, attempting to escape from paparazzi and fans.

In previous years memorabilia pertaining to Michael Jackson has sold well. The record price paidfor an item at auctionis $1.8m, achieved in 2011 for the iconic red jacket he wore in the video for Thriller.

Gloves have also proven popular, including one he wore to perform on the Motown 25th anniversary awards show, and another worn on his Bad tour, that auctioned for $420,000 and $330,000, respectively.

Items that are linked to a particular performancethat provesto bea defining moment in the careerof acelebritycan become enormously valuable. This iswhy a singleglove or ajacket can cost more than a Ferrari!

A number of sports cars owned by or associated with celebrities have come to auction in recent months -including a Lamborghini Miura SV owned by Rod Stewart that sold for 919,900 ($1.5m) at the weekend.

The white Lotus Esprit that featured in The Spy Who Loved Me made 500,000 (861,767) at RM Auctions in London last week.

We are currently able to offer strands of Michael Jackson's hair from the infamous 1984 Pepsi commercial, in which his hair caught on fire.

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