Following the example of many other automakers, Ferrari recently held a charity auction to raise money that will be donated to the Hurricane Sandy relief effort. The Italian supercar company has been making efforts to raise funds and contribute to the cause since the disaster struck the northern East Coast states, as its North American headquarters is located in Englewood Cliffs, New Jersey, just west of the Bronx in New York. The automaker's most recent contribution came in the form of a charity auction where an F12berlinetta was up for bid in the U.S for the first time. The auction, held over the weekend in Austin, Texas, brought in more than $50,000 in donations in-person and online in addition to the winning bid of $1,125,000 for the car itself.

"This evening's auction of the highly anticipated F12berlinetta together with the significant contribution from the Ferrari dealer network demonstrate the strong bond between the Prancing Horse and its North American clients," said Marco Mattiacci, president and CEO of Ferrari North America. "With the attention of the motoring world turned to the Formula 1 Grand Prix this weekend in Austin, an extremely high demand for the new F12berlinetta, this was the perfect time and place to raise much-needed funds for the continuing effort to assist those affected by hurricane Sandy, and we are proud of the results."

Ferrari has been quite generous when it comes to contributing to Sandy relief efforts. The recent action brings its total donation to the Red Cross to more than $1.5 million.

While most people likely cannot afford to bid in the millions for a vehicle, they can take part in the weekly auctions held at NJ State Auto. Every weekend, the dealer auctions a variety of used cars for affordable prices, and car shoppers can be confident knowing they'll be driving away in something reliable, as every model on the lot is CARFAX certified.