November 19, 2012 - 15:40 AMT
Ferrari auctions F12 Berlinetta to help Sandy victims

Ferrari auctioned off the first ever F12 Berlinetta in the U.S. to help Hurricane Sandy victims, according to motorward.com.

The charity auction was held during the 2012 U.S. Formula 1 Grand Prix in Austin, Texas, and it raised a total of $1.5 million for the American Red Cross. The F12 went for $1.125 Million, which is nearly four times more than the actual price of the car.

The F12 Berlinetta is the replacement for the Ferrari 599. It’s a front-engined V12 super GT with 750 horsepower.