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TopGear.com.ph Philippine Car News - Ferrari online auction raises over €1.8 million for families of earthquake victims

Ferrari's online auction at www.ferrari.com raised over €1.8 million (over P96.749 million), which will be donated to help the families of the victims of the earthquakes that struck Italy on May 20 and 29.

The 599XX Evo, which has a reported commercial value of €1.3 million, was sold for over 1.4 million euros (over P75.247 million) to an American client. The car is a one-off and will sport a special commemorative plaque signed by Ferrari chairman Luca di Montezemolo and the two Scuderia Ferrari Formula 1 drivers, Fernando Alonso and Felipe Massa. The 599XX will also be personally delivered to its new owner by the two F1 drivers at the next Italian Grand Prix at Monza.

The engine from the F2008, which won the Formula 1 constructors' title in the 2008 season, will be going to England after having been purchased at 80,000 euros or almost twice its reserve price. As for the nose cone of the F60, which was used in the 2009 season, it was purchased by a Malaysian client for 23,000 euros.

There was also an enthusiastic response to the rest of the auction, with multiple bids made on all of the items going under the hammer, including Alonso's and Massa's helmets and test driver Giancarlo Fisichella's racing suit.

The sum raised by the auction includes spontaneous donations sent to Maranello by fans and enthusiasts the world over, including a Russian client who reportedly gave 100,000 euros, as well as proceeds from the sales of Scuderia Ferrari watches.

"A pole-position result," said di Montezemolo. "I knew I could count on the big-heartedness of the Ferraristi, but they've still managed to surprise me once again. 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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