2013 Ferrari F12 Berlinetta Going to Auction, Earnings Will Go to Hurricane Sandy Efforts

/strong>Hurricane Sandy devastated a number of U.S. states including New Jersey, which is home to Ferrari North America’s headquarters. To help with the tough road to recovery, the automaker will auction off the first U.S.-bound 2013 Ferrari F12 Berlinetta and donate all the earnings to the American Red Cross.

The auction event will be held at the Formula 1 United States Grand Prix in Austin, Texas on November 17 at 8 p.m. CST. While the 2013 F12 Berlinetta carries a base price of $315,888, Ferrari expects to fetch much more than that, based on similar charity auctions in the past. A rare 599XX Evo, for example, raised $1.8 million during an auction to provide relief in Italy’s Emilia Romagna region following a massive earthquake. And shortly after the 2011 tsunami in Japan, Ferrari auctioned a FF,which fetched about $1 million for relief efforts.

Ferrari’s newest supercar is powered by a 6.3-liter, naturally aspirated V-12 producing 731 hp and 509 lb-ft of torque. Its estimated 0-60 mph time is three seconds and top speed is rated north of 200 mph. The Ferrari F12 berlinetta is scheduled to go on sale in spring of 2013.

Other automakers have participated in relief efforts as well. Chevrolet, for example, has donated 50 Express vans, Traverse crossovers, and Tahoe full-size SUVs to the American Red Cross and Nissan donated a full-size Titan truck to the Mississippi Sherriff’s Department. Some companies have donated large sums of cash, including $250,000 from General Motors. Honda and Volkswagen have each donated $500,000 to the Red Cross, with Volkswagen saying it plans to match employee contributions made to the Red Cross or another organization. Mercedes-Benz and Toyota have donated $1 million each.

Source: Ferrari, General Motors, Mercedes-Benz, Toyota