Technology

$1.1M Ferrari Berlinetta Auctioned For Sandy Relief

Larry Roth, a resident on Long Island, decided to auction his $1.1 million Ferrari Berlinetta and donate all the money for hurricane Sandy relief. The man, who paid to become one of the first owners of the sports car, decided to sell it and help his friends whose houses were devastated during the superstorm, the Inquisitr informs.

If you think buying a non-existent car is stupid, then organizing an auction for a non-existent car will most likely leave you speechless. It is what Larry Roth decided to do in order to meet the needs of hurricane Sandy’s victims and help reconstruct the most devastated states on the East Coast. The Long Island resident has paid $1.1 million to become the first owner of Ferrari’s F12 Berlinetta. There seems to be one small problem: the car hasn’t been released yet and is expected to become available somewhere in 2013.

Documents, however, prove that Roth is the owner of the 700-horsepower bolide, so why not auction it for hurricane Sandy relief? Depending on people’s generosity, the car’s value could go sky-high by the end of the sell-off, but Larry reassured everyone that the proceedings will be handed to the American Red Cross.

Ferrari’s F12 Berlinetta has made quite a splash during the 2012 Geneva Motor Show due to its specifications. The Italian grand tourer features a rear-wheel drive and a front V12 engine that was previously used for Ferrari FF. Analysts described the new F12 Berlinetta as the most road-legal Ferrari that was produced up to the present moment. It goes from nil to 60 mph in 3.1 seconds, whereas it only takes 8.5 seconds to reach the top speed of over 340 km/h (210 mph). Unlike other powerful cars, F12 Berlinetta’ engine was endowed with a star-stop system significantly reducing fuel consumption when idling.

While Roth paid a premium price for his car, customers who are willing to wait until F12 Berlinetta officially hits the market will only have to spend $315,888. The production is advancing at a rather slow rate as some buyers may have to wait two years for their bolides to be delivered.

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Ronald Silva is one of our newest publishers.He currently lives in Toronto (Canada) with his family.Ronald covers the music and sports sections of DailyGossip.org. Over the past few years, Ronald has participated in various journalistic projects including some of which he started when he worked for a local newspaper in Toronto. Contact him at Ronald.Silva@dailygossip.org.

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