Skip to main content

Ferrari LaFerrari sells for a whopping $7 million at charity auction

Ferrari LaFerrari auctioned off for earthquake charity
Over the summer, Ferrari announced plans to build one more coupe version of its LaFerrari hybrid supercar, which ended production last year. The car was built for an auction raising money for the victims of an earthquake in central Italy.

That car just sold at auction for $7 million, according to Ferrari. That’s substantially more than the estimated $1.3 million price of a LeFerrari when new, and also tops the $4.7 million paid for one at the Mecum auction during Monterey Car Week this year. Ferrari claims is the highest sum paid at auction for a 21st century car.

Recommended Videos

All proceeds from the auction will go toward reconstruction efforts in the area of Italy affected by the earthquake. The auction was a collaboration between Ferrari, the National Italian American Foundation’s Earthquake Relief Fund, and auction house RM Sotheby’s, which donated its services. The auction was held in Daytona Beach, Florida, in concert with Ferrari’s Finali Mondiali (World Finals) end-of-year motor sports event.

The car was given a special livery of red paint with white striping, and an Italian flag on the nose. It also features a commemorative plaque. Everything else is identical to original production-run versions of the LaFerrari, which represent Ferrari’s highest achievement in a road car to date.

The powertrain consists of a 6.3-liter V12 assisted by an electric motor, and is good for a total of 949 horsepower and 663 pound-feet of torque. Ferrari claims the LaFerrari will do 0 to 62 mph in under three seconds, and reach a top speed of over 217 mph. Along with the McLaren P1 and Porsche 918 Spyder, the LaFerrari is part of a trio of hybrid supercars often referred to as the “holy trinity.”

The car auctioned off to benefit earthquake relief is the 500th LaFerrari coupe. Ferrari also built a handful of LaFerrari FXX K track cars, and plans to build a limited number of open-top LaFerrari Aperta roadsters, but that entire production run is already sold out. That means the auction was the likely the last chance to buy a new LaFerrari, unless Ferrari comes up with another new variant.

Stephen Edelstein
Stephen is a freelance automotive journalist covering all things cars. He likes anything with four wheels, from classic cars…
These new NASA EVs will drive astronauts part way to the moon (sort of)
NASA's new crew transportation electric vehicles.

Three specially designed, fully electric, environmentally friendly crew transportation vehicles for Artemis missions arrived at NASA’s Kennedy Space Center in Florida this week. The zero-emission vehicles, which will carry astronauts to Launch Complex 39B for Artemis missions, were delivered by Canoo Technologies of Torrance, California. NASA/Isaac Watson

NASA has shown off a trio of new all-electric vehicles that will shuttle the next generation of lunar astronauts to the launchpad at the Kennedy Space Center.

Read more
5 upcoming EVs I’m excited for, from luxury SUVs to budget champions
Lotus Eletre

Almost every major automaker has released an EV by now -- or plans to soon -- and makers like Ford and Kia already have a variety to choose from. But if you haven't found one that's right for you yet, hang tight. There are dozens of announced electric car models that have yet to come out, and it's clear that the future of EVs is bright.

From longer range to lower prices, the next batch of EVs gives us plenty to get excited about. Here are five upcoming EVs that we can't wait to drive.
Volvo EX30

Read more
Tesla shows off first Cybertruck after two years of delays
The first Cybertruck built at Tesla's Giga Texas facility.

The first Cybertruck built at Tesla's Giga Texas facility. Tesla

Tesla has shown off the first Cybertruck to roll off the production line at its new Gigafactory plant in Austin, Texas.

Read more