Ferrari Auctioning Formula 1 Memorabilia, 599XX Evo for Earthquake Relief

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After several strong earthquakes hit the Emilia-Romagna region of Italy over the last two weeks, Ferrari has decided to pitch in to help victims. The company will launch an online auction next week, the proceeds of which will benefit families who have been affected by the earthquakes.

A 6.0-magnitude earthquake hit Italy on May 20, followed by a 5.8-magnitude earthquake earlier this week. Ferrari, Maserati, and Lamborghini all temporarily shut down their Italian factories in response to the earthquake, but no injuries to workers were reported.

The Ferrari auction will include numerous unique parts of the company's heritage, but the most impressive offering is probably a 599XX track car equipped with the Evoluzione Package. With the package, the Ferrari 599XX cranks out 750 hp from its 6.0-liter V-12 engine, and has an active rear wing inspired by Formula 1 race cars. Ferrari estimates the car has a market value of €1.3 million (about $1.6 million). The 599XX is a seriously exclusive vehicle: not street legal, the car is essentially a rolling development platform that Ferrari uses to research performance technology while customers pilot the car on tracks around the world.

Other items planned for the auction include a used Formula 1 engine, as well as helmets and race suits donated by drivers Fernando Alonso and Felipe Massa. The auction also will feature a variety of items from the Ferrari Store, like branded watches, as well as various historic memorabilia from past Formula 1 race seasons.

Ferrari will post all the auction items online at FerrariStore.com next week.

Source: Ferrari

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