New Car Financing: Ferrari F12 Berlinetta Auction Raises $1.125 million

In a follow up to a story last week, Ferrari auctioned off the very first Ferrari F12 Berlinetta sold in the United States at the Formula 1 U.S. Grand Prix last weekend.

The auction, which was hosted at the U.S. Grand Prix in Austin, Texas, raised money for the American Red Cross, specifically Hurricane Sandy relief efforts. Larry Roth of Long Island, New York was the winning bidder and paid $1.125 million for the F12. Once the F12 Berlinetta officially goes on sale, it will start at the low $300,000s. Ferrari also raised an additional $345,000 in donations for the American Red Cross thanks to the generosity of dealerships and Ferrari enthusiasts.

As great as that is, I would love to see individual donors like our readers boost those donations. This storm hit close to home for us. We have dealerships throughout the New York and New Jersey area, and it hurts us to see our friends and neighbors still struggling, particularly as the weather gets colder. In our original story, we provided a link to Ferrari’s page on the American Red Cross website, and we’re linking it again here. Please donate to the American Red Cross if you can, even if it isn’t much. Every bit helps.

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