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Ferrari to hold online auction to help Italy earthquake victims

By SYF77 on 05 Jun 2012

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Ferrari has announced plans to hold an online auction in aid of those affected by the two earthquakes which rocked Northern Italy’s Emilia-Romagna region on 20th and 29th May 2012.

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Ferrari will auction off racing suits and helmets from drivers Fernando Alonso and Felipe Massa. A Formula 1 V8 engine and memorabilia from previous racing seasons will also be on sale.

Perhaps, a major part of the proceedings may come from the sale a rare 740 bhp 599 XX Evo car, which has a commercial value of €1.3 million.

The earthquake on 29 May was severe enough to temporarily halt production of automakers Ferrari and Maserati. Motorcycle manufacturer Ducati, which was recently purchased by Audi, also shut its factory in the wake of the temblor.

A previous earthquake on 20 May claimed the lives of seven people and caused over $251 million in damage near the town of Finale Emilia. Almost half of Italy is seismically active, with some 2,000 minor earthquakes reported each year.

Ferrari said their clients and collectors from around the world spontaneously contacted the Maranello headquarters to offer their contribution as soon as news about the earthquakes broke out. The generosity of Ferrari’s enthusiasts enabled the company to provide support to those most hit by the tragedy.

When Japan was hit by a devastating tsunami last year, the Maranello automaker contributed over 80 million Yen to build two after-school facilities in the city of Ishinomaki.

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Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.

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