Ferrari's flagship, the hybrid LaFerrari was limited to only 499 units, until the unfortunate earthquake in Italy made the carmaker build one more, making it a total of 500 units.
The 500th LaFerrari was to go under the hammer for charity and the proceedings were to go towards reconstruction of the country.
Now, the last ever LaFerrari has been auctioned, for a sum of $7,000,000 (Rs 47,65,24,650), making it not only the most expensive LaFerrari sold at an auction, but also the most valuable car ever built in the 21st century.
There have been cars sold at auctions for a higher price, but the LaFerrari takes the crown to become the most expensive new car sold at an auction.
The buyer has literally paid 5 times the price of a new LaFerrari, since the car was sold with a pricetag of $1.8 million.
One crucial difference the 500th LaFerrari features is the Italian tricolour flag up front and a unique plaque inside the car to denote the car's speciality.
In terms of power, the 500th LaFerrari is powered by a 6.3-litre V12 engine assisted by an electric motor that makes 950bhp and 900Nm of torque.
The engine is powerful enough to help the LaFerrari accelerate from 0 to 100km/h in under 3 seconds and reach a top speed in excess of 350km/h.