Hubert Burda Media

Final LaFerrari to be Auctioned

Ferrari is building one additional LaFerrari for auction to benefit earthquake victims  

Ferrari has announced it will produce one additional unit of its coveted LaFerrari supercar – auctioning the car with proceeds going towards victims of the earthquakes that rocked Central Italy this month killing nearly 300 people.

The announcement was made by Ferrari Chairman and CEO Sergio Marchionne at the bilateral summit between the Italian and German governments, which took place at Ferrari’s headquarters in Maranello, Italy.

Originally, only 499 LaFerrari units were built, and the special 500th unit is expected to earn significantly more than the US$1.3 million asking price of previous models. That US$1.3 million tag is what Ferrari was asking, however. Used models of the LaFerrari have sold for as high as US$5 million.

The 949 horsepower V12 supercar is the fastest vehicle ever built by Ferrari, and the unique status of the 500th edition will make it one of the most desired contemporary models the company has ever produced.