Ferrari 599XX Evo Sells at Charity Auction With 1.3 Million Reserve

Luke Vandezande
by Luke Vandezande

Ferrari announced a charity auction last week after the earthquakes that rocked Italy starting May 20 affected families, compromised homes and even shut down the automaker’s production.

Most notable in the auction, Ferrari will be offering one of its hottest cars: the 599XX Evo. With a market value of €1.3 million, the brand hopes to send money raised during the auction to help families affected by the quakes. But that €1.3 million isn’t enough, according to a press release, the auction actually set a €1.35 million reserve on the car.

The car will be specifically built for this occasion and will feature a performance package with dedicated track-based research and development meant for the 2012-2013 racing season.

Other than the principal offer, Ferrari is offering a range of items including the 2008 V8 engine form the Scuderia that won the 16th Constructors’ World Championship with a €50,000 reserve. If spending more at an auction than more people make in a year isn’t feasible, this might not be your event, but there are some lower-cost options. Selections from the Ferrari store like watches will also be available. The auction started this morning, but you can still head over to have a look.

Luke Vandezande
Luke Vandezande

Luke is an energetic automotive journalist who spends his time covering industry news and crawling the internet for the latest breaking story. When he isn't in the office, Luke can be found obsessively browsing used car listings, drinking scotch at his favorite bar and dreaming of what to drive next, though the list grows a lot faster than his bank account. He's always on <A title="@lukevandezande on Twitter" href="http://twitter.com/lukevandezande">Twitter</A> looking for a good car conversation. Find Luke on <A title="@lukevandezande on Twitter" href="http://twitter.com/lukevandezande">Twitter</A> and <A title="Luke on Google+" href="http://plus.google.com/112531385961538774338?rel=author">Google+</A>.

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