This Ferrari is the most valuable 21st century car ever sold at an auction

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Just last Saturday, a prized Ferrari LaFerrari was sold at auction for a whopping $7 million. The auction was held in conjunction with RM Sotheby's and in collaboration with the National Italian American Foundation's Earthquake Relief Fund. The unique LaFerrari now currently holds the record for being the most valuable 21st century automobile ever sold at an auction.  All proceeds from the one-of-a-kind creation will go toward the reconstruction efforts in Central Italy in the aftermath of the devastating earthquakes of 2016.

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The $7 million LaFerrari boasts a unique livery with a distinctly Italian theme: a red exterior with a white dream line on the hood and rear windshield. A small Italian flag on the hood serves as a reminder that this is a gift by Ferrari to its home country. The car will also feature a commemorative plaque.

RM Sotheby’s graciously donated its expertise to help raise the highest amount possible. The decision to donate a LaFerrari from Ferrari's very own collection for the cause was initially announced on August 31, when bilateral talks between the Italian and German governments took place at the Ferrari factory in Maranello, Italy.

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