Ferrari's first electric car sells for $40 million at charity auction

Ferrari's first all-electric car, the Luce "Chassis 0," sold for $40 million at a charity auction, nearly 40 times its initial estimate of $1.1 million. This record-breaking sale at RM Sotheby’s makes it the most expensive new car ever sold at auction, with proceeds benefiting The Ferrari Foundation for educational initiatives. The buyer will receive the car in 2027.

Read the source (Times of India)

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