Ferrari presents Pope with $1.1M
Ferrari's president donates proceeds from sale of top-of-the-line
racecar to
Pope Benedict XVI.
December 5, 2005:
NEW YORK (CNNMoney.com) - Ferrari's president Luca di Montezemolo met
with
Pope Benedict XVI Monday and gave him a check for 950,000 ($1.1
million).
The money was raised from the sale of the 400th Enzo Ferrari, a car
specially made to be auctioned for charity.
The top-of-the-line Enzo Ferrari was sold by Sotheby's for more than
double
the asking price and Montezemolo offered to donate the proceeds from
the
auction to humanitarian relief.
At the meeting, Formula 1 driver Michael Schumacher also gave the Pope
a
steering wheel with a dedication that read: "The Formula 1 World
Champion's
steering wheel to His Holiness Benedict XVI, Christianity's driver,"
according to a statement released by Ferrari.