Ferrari to Put On Charity Auction for Earthquake Victims in Italy

Source: Ferrari 599XX Evo/ Ferrari Magazine

Italy-based car manufacturer Ferrari initiated an international online auction today that will help them raise funds for earthquake victims in the Emilia-Romagna region. It should be recalled that a 6.0 magnitude earthquake rocked that area of Italy on May 20. The calamity took at least six lives, injured dozens of people, and damaged historic buildings.

Ferrari’s Online Auction

Starting today, the automaker will dedicate a section of its online store for this important initiative. Ferrari, whose hometown is Maranello, Italy, is set to contribute a significant amount to the families of the earthquake victims.

The auction items include a V8-engine Formula 1, racing suits and helmets from Scuderia drivers Fernando Alonso and Felipe Massa, and other memorabilia from the company’s past racing car seasons. Ferrari will also auction branded merchandise from its online store, like the Prancing Horse watches.

Meet the Ferrari 599XX Evo

Perhaps the ultimate item on the list is the Ferrari 599XX Evo. It is an “extreme, non-homologated sports berlinetta” that is valued at $1.6 million. With its enhanced technical features, it is a slight makeover from its 599XX predecessor. The car boasts more power, a new set of Pirelli tires, and an active aerodynamic package.

The latter is the most important component of the vehicle and includes an active rear wing with the new “opening gap” system, introduced for the first time on Evo. It takes the wheel angle, lateral acceleration, and vehicle speed into consideration for fine-tuning, and it uses the wing’s downforce between the front and rear axles.

The 59XX Evo also has a modified front splitter and rear diffuser that feature larger surface areas. It has a maximum engine power of 740 horsepower and a torque of 516 pound-feet. The additional engine power is courtesy of the car’s side exhausts, while the increased torque is made possible with the combination of a shorter final gear ratio and slightly improved acceleration.

The car is basically a product of dedicated track-based research and development program. Thus, it resulted in more power, less weight, and better overall performance.


This is not the first time that Ferrari initiated a charitable move after a natural disaster. Three years ago, the car manufacturer auctioned its F430 following a deadly earthquake in Abruzzo, Italy. They also contributed more than 80 million yen for the recovery efforts made for the victims of last year’s earthquake and tsunami in Japan.

Leave a Comment