$7 million LaFerrari becomes this century's most expensive car sold at auction


Ferrari’s liveries and decorations have often shown a patriotic streak, but this year the supercar marque has expressed its love for Italy in a more material way by donating a one-of-a-kind LaFerrari to the cause of raising money to help rebuild the parts of Central Italy affected by a series of earthquakes.

Auctioned off on Saturday for a cool $7 million, this car becomes “the most valuable 21st century automobile ever sold at auction.” All proceeds from the sale go to benefit earthquake recovery efforts in Italy, under the auspices of the National Italian American Foundation’s Earthquake Relief Fund. The auctioneers, RM Sotheby’s, also donated their expertise, though there’s obvious cachet and prestige to be gained from being in charge…

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