Last ever LaFerrari raises £5.5m to benefit earthquake victims

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Ferrari has auctioned off the 500th – and final – LaFerrari to benefit those affected by the devastating earthquakes that hit Italy this year, raising £5.5m.

The £5.5m price tag for this LaFerrari makes it the most expensive new car to be sold in the 21st Century.

The auction was held in conjunction with RM Sotheby's at the Finali Mondiali event at the Daytona International Speedway in Florida last night.

All of the money raised will go to the National Italian American Foundation's earthquake relief fund, which is helping reconstruction efforts in the areas of central Italy that were hit by tremors multiple times this year.

On August 30 an initial earthquake struck south-east of the town of Norcia, killing 299 people and injuring 388. About 4,500 people were believed to have been made homeless by the shocks.

In October, three large earthquakes struck the region once more, with the third being the largest recorded in the country since 1980. This time, three people died and an incredible 100,000 were made homeless.

The initial run of the LaFerrari was to be limited to 499. However, Ferrari CEO Sergio Marchionne announced the company would build an extra one-off specifically for the fund. It has a white pinstripe across the bonnet and rear windscreen to differentiate it from standard LaFerraris.

There's also a small Italian flag on the bonnet as a tribute to those affected by the tragedy as well as a commemorative plaque.