Ferrari Just Sent Their Fasted Road Car To Auction To Help Raise Funds For Earthquake Relief

Ferrari Just Sent Their Fasted Road Car To Auction To Help Raise Funds For Earthquake Relief
A lot of families and properties were devastated during the earthquake that struck Central Italy on August 2016. Ferrari helps out by auctioning a one of a kind hybrid LaFerrari. Photo : Photo by Justin Sullivan/Getty Images

On August 24, 2016, a massive earthquake struck and destroyed homes and properties in Central Italy. A disaster that left families in fear and sadness, at least 247 people were killed and thousands were injured during the incident. Italy's most prominent car manufacturer, Ferrari, sets out to help as they build another LaFerrari to be auctioned as a means to raise funds for those that were affected by the earthquake.

A Limited Edition Ferrari LaFerrari Will Be Created For Auctioning

The LaFerrari is a hybrid car manufactured by Italian automaker, Ferrari. The car is one of the fastest road cars the company has ever produced. The car's combined engine, a V12, and a hybrid electric motor produces a staggering 949horse power. It is one of the rare and most expensive cars in the market as only 499 units were produced and each sold for a base price of $1.4 million dollars.

According to Sergio Marchionne, CEO of Ferrari, they would build another LaFerrari to be auctioned off. This will be the five hundredth unit and will be different from the other 499 units. The LaFerrari will have the trademark color, Ferrari Red livery and will be having a black interior. It will include a special commemorative plaque and will be the last to come out of Maranello. The Ferrari LaFerrari is capable of reaching zero to 60 miles in less than three seconds.

The Auction Will Be Held In Daytona International Speedway

RM Sotheby's will auction the car on December 3 at the Daytona International Speedway in Florida during the Ferrari Finali Mondiali. "The earthquakes which have struck central Italy this year devastated the lives of thousands or people, the money that will be raised by the sale of the one-of-a-kind LaFerarri could not be put to better use.," said Rob Myers, CEO of RM Sotheby's. "It is an honor for RM Sotheby's to be entrusted with the sale of this important car and to raise significant funds for a desperate cause," said the CEO.

Italy Has A Sad History Of Earthquakes

Italy is one Europe's countries that are hit by earthquakes and has experienced major disasters in the past. 300 people died in a 6.3 magnitude earthquake that happened in L'Aquilla in 2009. Another 20 lost their lives on 2012 when a magnitude six earthquake hit in 2012 in Medolla. Earthquakes result from the earth's weakness in the crust. These earthquakes are triggered when the said weaknesses are fractured due to the earth's movement and volcanic eruptions.

Ferrari Has Always Helped Out Even In The Past

This is not the first time that Ferrari is helping out those in need, especially victims of disasters. The company also made a four hundredth model of the Enzo and gave it to the pope in 2005, which was later auctioned off to raise funds for the victims of the 2004 tsunami. The car was sold for $1.1 million dollars. Also in 2013, they also auctioned a classic Ferrari 275 NART Spider for charity. It sold for £17.6 million pounds.


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