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Ferrari F12 Berlinetta auction raises $1.5M for Hurricane Sandy relief

Ferrari has managed to raise $1.5 million for victims of Hurricane Sandy during an auction in Austin, Texas for the very first F12 Berlinetta in the US. The funds will go to the American Red Cross and be earmarked for Hurricane Sandy relief. Ferrari started bidding on the F12 at $315,888, but the most powerful production model from the company fetched $1.125 million by the time the gavel fell through bids sourced both in person and over the phone. The company also managed to raise a further $345,000 in in-kind donations before the auction began, and donors gave an additional $50,000 during the event itself.
Ferrari debuted the F12 Berlinetta at the 2012 Pebble Beach Concours d'Elegance, and the company is set to deliver its first model to a US customer in the second quarter of 2013. The automaker reminds its fans that it is still possible to donate to the Hurricane Sandy relief fund by visiting a special Ferrari section of the American Red Cross page. You can take a closer look at the full press release below for more information.

Is the $1.4M LaFerrari sold out?

If you look at the stratospheric sticker prices on the latest generation of hypercars and wonder how an automaker could possibly justify it, bear in mind a few factoids. For one thing, even when the sticker prices start lower, they quickly balloon past the million-dollar mark. For another, automakers charge that much because they can, and don't seem to have much trouble selling them all.
Case in point: the new LaFerrari. While presenting the state-of-the-art supercar on CNBC, Ferrari North America CEO Marco Mattiacci revealed that all 499 examples that will be made of the hybrid hypercar - including those 120 earmarked for North America - have already been spoken for. This despite the $1.4 million asking price that makes it the most expensive Ferrari ever made.
Or the most expensive new Ferrari, we should say, because prices for the most collectable machines ever to roll out the gates at Maranello continue to rise. Figure you'll save a little and get LaFerrari's predecessor? Trading hands these days at prices approaching $2 million (around three times its original $660k MSRP), the Enzo is even more expensive. And that's just the scarlet tip of the iceberg.

Ferrari reveals extra 'speciale' 458

Ferrari revealed this creamy white riff on the 458 on Tuesday. But don't get too excited: It's a one-off creation built specifically for a British owner. Called the 458 MM Speciale, the supercar debuted at Fiorano, where Ferrari chief test driver Dario Benuzzi and the unnamed owner turned laps. The 458 MM Speciale is based on the 458 Speciale and uses its natural aspirated V8 paired with a seven-speed dual-clutch gearbox. This one-off is painted a shade of white called Bianco Italia. The Italian flag colors are used for stripes that run down the center of the car. Designed by the Ferrari Styling Center, the car has blacked-out A-pillars that create a visor look, updates to the aluminum bodywork, and carbon-fiber composite bumpers. There is also a new side air scoop, new air intakes, and the radiators are mounted at different angles to aid cooling. There's a tasteful spoiler in back, and the speedster rolls on eye-catching wheels with a custom cluster pattern. Inside, the owner chose an upgraded audio system and Cioccolato leather with white stitching. The controls are accented with satin white rings. Related Video: Featured Gallery Ferrari 458 MM Speciale Design/Style Ferrari Coupe Supercars