500th LaFerrari will go to auction for Italian earthquake aid

[Suarez™]

Ferrari chairman Sergio Marchionne said that Ferrari will build one more LaFerrari to be auctioned off. The proceeds of the 500th and final LaFerrari will go to helping victims of the Aug. 24, 2016, earthquake in central Italy. The 6.2-magnitude quake has already taken more than 200 lives and did so much property damage that Italian building standards are being questioned.

While it isn’t clear yet when or where the special Ferrari will be auctioned, it is likely going to bring a high price because of the circumstances surrounding the build. Ferrari only planned on building 499 coupes, with a few more LaFerrari Spiders to round out production. This will be number 500 and sold for charity, which means it'll probably go for a lot higher than the LaFerrari's MSRP of about $1.4 million.

We can imagine the whole world of supercar collectors checking in on this sale, with hopes of nabbing one of the fastest road-going Ferraris ever produced. That’s good considering it’s all going to an important cause, relief in its home country.