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2556 LEGO Model Team Ferrari Formula 1 Racing Car thumbnail image

2556 LEGO Model Team Ferrari Formula 1 Racing Car
Images 6
2556 LEGO Model Team Ferrari Formula 1 Racing Car
  • Ferrari Formula 1 Racing Car thumbnail
  • Ferrari Formula 1 Racing Car thumbnail
  • Ferrari Formula 1 Racing Car thumbnail
  • Ferrari Formula 1 Racing Car thumbnail
  • Ferrari Formula 1 Racing Car thumbnail
  • Ferrari Formula 1 Racing Car thumbnail

LEGO 2556 Ferrari Formula 1 Racing Car is a Model Team set from 1998 currently valued at $223 for new and sealed sets. Annual appreciation has averaged 8.31% since release. Used copies are valued between $88 and $116 depending on condition. Secondary market prices for new and sealed sets typically fall between $204 and $305.

Set Value (New/Sealed)

This chart represents the current new/sealed value of the set Ferrari Formula 1 Racing Car since June 2016. Very high accuracy
LEGO 2556 Ferrari Formula 1 Racing Car is a Model Team set released in 1998, containing 580 pieces. Produced as a Shell promotion, it is the first LEGO Ferrari collaboration. The set builds a red Ferrari F1 car with white trim and a yellow seat, featuring steering operated via the steering wheel and a removable engine cover revealing a V-10 engine. It includes printed elements and stickers with Ferrari and Shell logos to complete the livery.

A new and sealed Ferrari Formula 1 Racing Car is currently valued at around $223, with annual growth of 5.6% that is expected to level off to around 4.3% in the coming year. The average used price is $97 for those in good overall condition. Based on current trends, this set could be valued near $228 within the next year. New and sealed listings currently range from $211 to $303.
All regions

For Sale (New/Sealed)

 (BE) seald are broken, otherwise set seald $192.45
-13.5%
(US) 2556 Model Team Ferrari F1 From 2000 Shell Promo - NEW SEALED
BrickEconomy Choice
$195.00
-12.4%
(US) Brand new, and sealed Box has some shelf wear from being so old. Super small indents ... $199.49
-10.4%
(US) BOX CONDITION: has some crushing damage $212.49
-4.5%
(NO) Some shelf wear. Ask for pictures if condition is important. $215.90
-3.0%
(US) BrickLink store BAYLIT $225.00
+1.1%
(NL) BrickLink store BetuweBricks $227.10
+2.0%
(US) Amazon listing for Ferrari Formula 1 Racing Car $233.70
+5.0%
(US) Vintage LEGO Model Team: Ferrari Formula 1 Racing Car 2556 $250.00
+12.3%
(NL) New and seald, box VG condition $256.15
+15.1%
(PL) BrickLink store LuxusBrick $275.12
+23.6%
(US) RARE PROMO LEGO Model Team: Ferrari Formula 1 Racing Car (2556) New Popped Box $299.99
+34.8%
(DE) Model Team 2556 Ferrari Formula 1 Racing Car (New MISB Sealed Unopened) $339.90
+52.7%
(DE) Model Team 2556 Ferrari Formula 1 Racing Car (New MISB Sealed Unopened) $351.62
+58.0%

Sales Distribution (Last 90 Days)

This chart shows the distribution of sales for the past three months of new/sealed 2556 Ferrari Formula 1 Racing Car.

Sets in Model Team

5571 Giant Truck

Theme Model Team
Year 1996
Pieces 1,757
Availability Retired
5571 LEGO Model Team Giant Truck
Retail $139.00
Value $1,193.67
Growth  +758.8%
Annual growth 3.7%

5591 Mach II Red Bird Rig

Theme Model Team
Year 1994
Pieces 1,172
Availability Retired
5591 LEGO Model Team Mach II Red Bird Rig
Retail $109.99
Value $799.47
Growth  +626.9%
Annual growth 4.0%

5590 Whirl and Wheel Super Truck

Theme Model Team
Year 1990
Pieces 1,063
Availability Retired
5590 LEGO Model Team Whirl and Wheel Super Truck
Retail $79.99
Value $810.43
Growth  +913.2%
Annual growth 4.3%

5563 Racing Truck

Theme Model Team
Year 1999
Pieces 788
Availability Retired
5563 LEGO Model Team Racing Truck
Retail $79.99
Value $752.98
Growth  +841.3%
Annual growth 5.1%

5581 Magic Flash

Theme Model Team
Year 1993
Pieces 784
Availability Retired
5581 LEGO Model Team Magic Flash
Retail $79.00
Value $466.46
Growth  +490.5%
Annual growth 2.8%

5561 Big Foot 4x4

Theme Model Team
Year 1997
Pieces 761
Availability Retired
5561 LEGO Model Team Big Foot 4x4
Retail $88.00
Value $698.40
Growth  +693.6%
Annual growth 6.4%

5580 Highway Rig

Theme Model Team
Year 1986
Pieces 667
Availability Retired
5580 LEGO Model Team Highway Rig
Retail $79.99
Value $948.77
Growth  +1086.1%
Annual growth 4.7%

5550 Custom Rally Van

Theme Model Team
Year 1991
Pieces 525
Availability Retired
5550 LEGO Model Team Custom Rally Van
Retail $49.50
Value $374.56
Growth  +656.7%
Annual growth 4.4%

5542 Black Thunder

Theme Model Team
Year 1998
Pieces 483
Availability Retired
5542 LEGO Model Team Black Thunder
Retail $39.99
Value $150.00
Growth  +275.1%
Annual growth 3.8%

5540 Formula 1 Racer

Theme Model Team
Year 1986
Pieces 451
Availability Retired
5540 LEGO Model Team Formula 1 Racer
Retail $39.99
Value $280.00
Growth  +600.2%
Annual growth 3.7%

10151 Hot Rod

Theme Model Team
Year 2004
Pieces 421
Availability Retired
10151 LEGO Model Team Hot Rod
Retail $39.99
Value $231.20
Growth  +478.1%
Annual growth 8.3%

5541 Blue Fury

Theme Model Team
Year 1995
Pieces 419
Availability Retired
5541 LEGO Model Team Blue Fury
Retail $39.50
Value $296.44
Growth  +650.5%
Annual growth 5.8%

5521 Sea Jet

Theme Model Team
Year 1993
Pieces 401
Availability Retired
5521 LEGO Model Team Sea Jet
Retail $36.49
Value $220.47
Growth  +504.2%
Annual growth 5.6%

5533 Red Fury

Theme Model Team
Year 1999
Pieces 393
Availability Retired
5533 LEGO Model Team Red Fury
Retail $54.00
Value $137.99
Growth  +155.5%
Annual growth 3.8%

5510 Off-Road 4x4

Theme Model Team
Year 1986
Pieces 285
Availability Retired
5510 LEGO Model Team Off-Road 4x4
Retail $24.99
Value $201.44
Growth  +706.1%
Annual growth 6.1%

My Collection

Ferrari Formula 1 Racing Car Reviews

26 reviews
4.8
Collectors
Investors
Brickset
Ferrari, 1997 — “This set was released as a promo of the Shell petrol. The set is basically a ferrari formula 1 racing car in a medium size and Lego System style. The building is good, with some useful pieces like the red plates as the base of the car, too useful are the encurved red pieces,... More the blocks with original shape or also the white wheels, too used in some old technic sets.”
Full review at brickset.com
alumni.cse.ucsc.edu
“The completed model is of the Ferrari F310b Formula I race car. It is roughly 13" (41 studs) long and the body is around 5" wide (16 studs) at its widest point. In fact, it is about the same size as the Technic set 8440 Formula Flash. Like the 8440, it seems scaled to match... More the jointed Technic Figures. However, being a Model Team set, it is far more detailed than the 8440, featuring realistic appearance over mechanics.”
Full review at alumni.cse.ucsc.edu

About Model Team

The LEGO Model Team theme introduced in 1986 included larger scale vehicle models with more attention to details, such as steering and drive functionality as well as visual realism of the vehicles. Model Team was discontinued after 1999 and replaced by the Creator theme.
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