In 1994, Agco decided to bring a tractor under the MF name to Europe, which had originally been introduced in 1992 in gray as the AGCO-White 6195. Meanwhile, the same tractor was marketed in the USA in orange under the name AGCO Allis 9690, but at that time the engine was an air-cooled Deutz instead of a Cummins. In Europe, the same tractor was also sold under the name Same 265 and, painted white, as the Lamborghini Traction 220/240/265. Additionally, the Deutz-Fahr Agrostar 8.31 was partly based on the same technology.

The MF had an 8.3-liter Cummins engine and an 18+9 gear Funk full powershift transmission. The instrument panel was partly digital, and in Sweden, an air-suspended seat and air conditioning were standard equipment. The control switches for the powershift and the lifting device were placed on the armrest. The hydraulics were load-sensing, but the lifting capacity was rather small compared to the tractor’s power class. The front axle was manufactured by ZF.

The 9240 felt somewhat primitive and "homemade" in style, but its dimensions were quite compact relative to its power. Sales ended when the 8170 and 8180 came on the market in 1998.

This is an automated translation. Please report any issues in the translation.