Ferrari 599XX Evoluzione auction to aid earthquake victims

A Ferrari 599XX Evoluzione will be auctioned by the Italian car manufacturer next week to raise funds for the victims of the recent earthquakes in Italy.

The 599XX Evoluzione non-homologated race car will be the star of the internet auction, which is expected to begin on June 4.

The 750 hp car, which can only be driven on the track, is estimated at €1.3m.

A number of race helmets and suits donated by F1 drivers Felipe Massa and Fernando Alonso will also feature, alongside a V8 Formula One engine.

Some 23 people are thought to have died and 20,000 left homeless following the tragedies, which struck the Emilia Romagna in the north of the country.

Ferrari Schumacher Monaco
Michael Schumacher's Ferrari F1-2000 sold for €806,400 in May

The 5.8-magnitude earthquake on Tuesday occurred just 40 miles from Ferrari's headquarters.

"As soon as news about the earthquakes came out, Ferrari clients and collectors from around the world spontaneously contacted the Maranello headquarters to offer their contributions," said Ferrari.

"Once again the generosity of Ferrari's enthusiasts will enable the company to provide support to those most hit by the tragedy."

Ferraris are among the most desirable marques for car collectors, and hopes are high that the F1-inspired vehicle could achieve a considerable sum from generous bidders.

A Ferrari F1 car driven by Michael Schumacher sold for €806,400 at a Monaco auction in May.

The record for a Ferrari at auction stands at the $31.6m achieved by a Ferrari 250 GTO in February, making it the second most expensive car ever sold, behind a 1936 Bugatti Type 57sc Atlantic.

Paul Fraser Collectibles will bring you full results from the auction next week.

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