$550,000 for the first Ferrari California

Ferrari California

Though the Ferrari California is scheduled to make its official debut at next week’s Paris Motor Show, the Italian company decided to sell the first unit at a charity auction held in Maranello, Italy and in Santa Monica, California. The winning bid was £282,000 (around $520,000) and the money will go to the After Schools All Stars foundation, which helps under-privileged school children and which was represented by Arnold Schwarzenegger, California’s Governor.

Considering that the car’s retail price will be half of what it was paid for the first unit, might seem a little too much money, but it’s ok, considering that less fortunate kids will benefit from this money.


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