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Final LaFerrari sells for $9.3 million at auction becoming most valuable 21st century car

The final LaFerrari, which Ferrari and RM Sotheby’s will auction off on Dec. 3 for charity.

Ferrari

The 500th and final LaFerrari sold at auction Saturday night for $9.3 million ($7 million U.S.) with all of the proceeds going toward helping those in the Italian regions struck by devastating earthquakes this year.

This LaFerrari is now the the most expensive 21st-centry car ever sold at auction and It is the highest sum for which a LaFerrari has ever sold.

RM Sotheby's auctioned the car off during Ferrari Finali Mondiali weekend at the Daytona International Speedway in Florida to benefit the National Italian American Foundation's Earthquake Relief Fund.

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This particular version was made as a gift to Italy and features a one-of-a-kind livery and interior with a plaque to commemorate the occasion.

At $2-million, the LaFerrari is the most expensive car and highest-performing street car ever made by the Italian car maker. It is a 949-horsepower hybrid hypercar that Ferrari initially limited to 499 examples. This is the 500th.

The auction announcement – made by Ferrari chairman and CEO Sergio Marchionne – came shortly after a 6.2-magnitude earthquake on Aug. 24 hit Amatrice, a town about 100 kilometres northeast of Rome, killing 292 people and leaving thousands homeless. Since then, a number of other quakes have hit the region.

"The earthquakes which have struck central Italy this year devastated the lives of thousands of people and the money raised by the sale of this LaFerrari could not be put to a better use," said Rob Myers, CEO and Chairman of RM Sotheby's, in a statement.

Ferrari unveiled the car on U.S. television in December 2013, and announced that the 120 models earmarked for the United States had been pre-sold.

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