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Ferrari auction raises €1.8m for earthquake victims

ESPN Staff
June 21, 2012
Ferrari has been proactive in fundraising for the families of victims in Northern Italy © Press Association

Ferrari has announced that its auction raised €1.8 million for the families of the victims of the Northern Italy earthquakes.

After the Emilia-Romagna region was struck by two quakes in May, the team set-up an online auction with many exclusive Ferrari items. The most notable item was a unique Ferrari 599XX which raised €1.4m alone after being sold to an American client. The car will be presented by Ferrari president Luca di Montezemolo and the two drivers at the Italian Grand Prix.

An engine from the F2008 fetched €80,000, while a nose-cone from the 2009 F60 went for €23,000. The amount was also boosted by numerous spontaneous donations, the most substantial of which being for €100,000.

"A pole position result: I knew I could count on the big-heartedness of the Ferraristi but they've still managed to surprise me once again," di Montezemolo said. "I would like to thank all the clients, collectors and enthusiasts that did their bit. Their bids have sent out a message of warmth and solidarity to the people in our region affected by this tragedy."

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