The 500th Ferrari LaFerrari, built specifically to raise funds for the parts of central Italy devastated by earthquakes has sold for US$7 million ($9.37m) at auction.

Ferrari had originally restricted its $2m flagship, hybrid-powered supercar to 499 units but decided to produce a final version in response to the August national disaster that killed 298 people.

The region was hit by further earthquakes in October that damaged historic buildings.

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It’s the highest auction price paid yet for a car built in the 21st century, though the LaFerrari’s $US7m result places it a fair way down a long list of big-money prancing horses.

The current record auction price for a Ferrari is the $38,115,000 paid for a 1962 Ferrari 250 GTO.

The owner might still expect their LaFerrari to appreciate in value. Used versions of the previous 499 allocation have already been fetching more than double their $2m new-car price.

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It’s powered by the same hybrid drivetrain comprising a 6.3-litre V12 with an electric motor for a total output of 708kW. There’s no change to performance, meaning acceleration capabilities such as 0-200km/h in just seven seconds.

Just 209 examples of the LaFerrari Aperta will be built. And, yes, they’re all sold out.