Mike Tyson's old Ferrari F50 is set to fetch a fortune at auction 26 years after he bought the limited edition model during the peak of his boxing powers in 1996. Iron Mike was the second owner of this particular F50, which has just 6,200 miles on the clock and has recently had £70,000 worth of renovations at a Ferrari dealership in Florida.With this F50 being one of only 349 ever built and one of only 55 that were made to United States specifications - it is set to fetch between an astonishing £3.7billion and £4.53b. READ MORE: Boxpark bouncer Julius Francis 'more than willing' to take on Mike Tyson rematch The car is being put up for sale by Gooding & Company, who are using Tyson's former ownership as one of it's biggest selling points.