Ferrari 599 China auctioned off for $1.77 million
Ferrari has announced that its special edition Ferrari 599 China was auctioned off to an anonymous client from Shanghai at the Gala dinner at the Red Gate Gallery in Beijing. The winning bid came in at a total of 1.2 million euro ($1.77 million USD).
“The innovative appearance of this unique model, blending classic Chinese elements with Ferrari distinctive features, immediately aroused great interest among the guests,” Ferrari said in a statement.
Honestly, you wouldn’t catch anyone of us shelling out that much for a limited Ferrari that looks like this, but hey, everyone has their own taste.
Make the jump for the press release.
Ferrari 599 China:
Press Release:
‘FERRARI 599 CHINA’ AUCTIONED IN BEIJING FOR 1.2 MILLION EURO
November 3, 2009, BEIJING – The unique Ferrari 599 China was won tonight by an anonymous client from Shanghai at the final price of about 1.2 million euro (including taxes). The auction was the climax of the Gala dinner organised by Ferrari at the Red Gate Gallery in Beijing. Lu Hao, the first Chinese artist to work with Ferrari, created this special model decorated with Song Dynasty Ge Kiln pottery patterns. The proceeds from this auction will fund outstanding students and young teachers of Tsinghua University’s Department of Automotive Engineering to study at Italy’s Politecnico di Milano University and internship at Ferrari’s headquarters.
The gala dinner was attended by Ferrari owners and collectors, joined by Ferrari Asia Pacific CEO Mr. Marco Mattiacci, contemporary artist Lu Hao, professors of China’s leading Tsinghua University Cen Zhangzhi and delegate of Politecnico di Milano University Bruno Pizzigoni. A few Ferrari objects, in particular a helmet and a model car signed by Michael Schumacher, who this morning personally unveiled the car to the international media, were also auctioned together with a racing overall worn by F1 driver, Giancarlo Fisichella. The innovative appearance of this unique model, blending classic Chinese elements with Ferrari distinctive features, immediately aroused great interest among the guests.
This follows the spirit of Ferrari founder, Enzo Ferrari, carried on by Chairman Luca di Montezemolo, in investing in young talents and research. Ferrari was involved before in goodwill activities with Chinese associations, dedicated to youth.
