Ferrari F12 Berlinetta auction raises $1.5M for Hurricane Sandy relief

[MummyChunk]

From AB












Ferrari's Hurricane Sandy fund-raising efforts reach over $1.5 million
after auction of the first F12berlinetta in the U.S.

AUSTIN (TX), November 17 ￜ As it has already successfully done in the
aftermath of recent natural disasters in Japan and Italy, Ferrari has
once more moved to support relief efforts, raising a total of over
$1.5 million for the American Red Cross society to help the areas most
afftected by the Hurricane Sandy superstorm.

The first F12berlinetta to be delivered in the U.S. was sold for
$1.125 million at auction on Saturday at a Ferrari event in Austin,
Texas during the Formula 1 U.S. Grand Prix weekend. Since the
superstorm hit two weeks ago, Ferrari had already raised a further
$345,000 in in-kind donations thanks to the generosity of dealers,
clients and friends. During the auction a further sum of over $50,000
was raised through on-line and personal donations bringing the total
of fund-raising activities to over $1.5 million.

The F12berlinetta, the most powerful production car in the history of
the Prancing Horse, debuted in the U.S. at the Concours d'Elegance of
Pebble Beach earlier this year to critical and public acclaim. The
first delivery is due in the U.S. in the second quarter of 2013 and
there was strong participation in the auction with a starting bid of
$315,888 that quickly rose to $1.125 million thanks to bidders who
were both in attedance in Austin and who pre-arranged to bid via
phone.

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