A LaFerrari sold at RM Sotheby’s last weekend for a massive £5.5 million and set a record for the most paid for 21st-century automobile in a public auction.

The exclusive car went for almost £1.5m above the expected price and was offered for sale from Ferrari’s own private collection. The car was the final edition of only 500 ever produced and was originally intended to remain in their collection as a commemorative edition.

Ferrari, in association with the National Italian American Foundation’s Earthquake Relief Fund and Sothebys auctioned the car, as well as a host of other Ferrari merchandise and memorabilia, in aid of the effort to rebuild parts of central Italy which were destroyed by the earthquakes earlier this year.

RM Sotheby’s CEO and Chairman, Rob Myers, stated “The earthquakes which have struck Central Italy this year devastated the lives of thousands of people, and the money raised by the sale of this LaFerrari could not be put to a better use. The auction will be a historic event, and the generosity of Ferrari SpA will change lives in the areas most affected by the natural disaster.”

As the car was originally intended to be retained by Ferrari, it is different to the other 499 produced and features white accents down the typical Ferrari Rosso Corsa paintwork, as well as the Italian tricolour flag on its nose below the famous prancing horse.

The special touches don’t finish on the outside though, the car’s interior is also styled in a one-of-a-kind livery and includes a commemorative plaque as a tribute to Italy.

A standard LaFerrari will set you back just under $1.5m but if you’re prepared to shell out 7 figures then you’ll get the fastest and most powerful Ferrari ever built and one with a 6.3L v12 engine that generates a massive 789bhp even before it’s boosted by the electric motor that takes the total up to an eye-watering 950bhp.

Statement from Rob Myers available here.