Ferrari Breaks Auction Records for Cost

Ferrari recently made international headlines regarding the price that a new Ferrari model went for in an auction. Bidders battled it out for a new Ferrari model, but it was all for a good cause.Ferrari LaFerrari Aperta

The Ferrari LaFerrari Aperta, a 2017 model, was auctioned off for charity and sold for close to $10 million dollars, breaking records.

The car was auctioned off with all proceeds going to “Save the Children,” a charity dedicated to supporting children in developing countries, and as a result, the price kept climbing. All of the proceeds of the car went to Save the Children to support the organization and help provide them with funds.

A total of twelve bidders competed for the final sale of the Ferrari Laferrari Aperta, which is listed at just $2.2 million. The final total spent on the car was well over what the open-top, two-seater car was expected to go for originally.

Although the car went for an incredible amount of money, it hasn’t even been built yet. The car is still in the process of being constructed and the person that won the final bid won’t be able to get their hands on it for some time. The Ferrari LaFerrari Aperta is expected to be built with a V12 engine, capable of going from 0mph to 124mph in less than ten seconds.

The auction was held in Maranello, Italy, the home city of the Ferrari in order to celebrate the 70th anniversary of the “Prancing Horse.” Bidders spent millions of dollars total at the auction, purchasing plenty of rare Ferrari’s that dedicated collectors search for tirelessly.

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