The 500th example of the LaFerrari has been successfully auctioned off for USD7 million (RM31,097,150) during the carmaker’s Finali Mondiali event at the Daytona International Speedway in Florida. That makes it the “the most valuable 21st century automobile ever sold at auction.”

The auction was held in conjunction with RM Sotheby and in collaboration with the National Italian American Foundation’s Earthquake Relief Fund, with all proceeds going towards reconstruction efforts in the areas affected by the earthquake.

Visually, the car features a unique livery following an Italian theme, where the primary body colour is red, accompanied by white stripes on the hood and rear windshield.

The Italian flag is also painted just ahead of the front badge, serving as a reminder that this is a “gift by Ferrari to its home country.” Furthermore, the car will also be fitted with a commemorative plaque as further indication of its exclusivity.

However, no change takes place under the hood, with the car retaining its 950 hp and 900 Nm hybrid powertrain, which includes a 6.3 litre naturally-aspirated V12 engine is paired with Ferrari’s HY-KERS system. Originally, the Italian carmaker only planned to produce just 499 LaFerraris, but added another to aid victims of the August quake.

GALLERY: LaFerrari at Ferrari World Abu Dhabi