#RaceAgainstCovid Auction Raises $1.8M

⚡️ Read the full article on Motorious

The FIA put on an auction through RM Sotheby’s to raise money to support the global COVID-19 response.

Looking past inconveniences such as cancelled classic car auctions and closed automotive-themed museums, there has been a great global toll – both in terms of health and financial – due to COVID-19 even as things appear to be cautiously returning back to normal. In an effort to help out, the FIA hosted an online-only, no-reserve auction through RM Sotheby’s to raise money for the International Federation of Red Cross. As is the case with most charity/fundraising events, most of the lots for the #RaceAgainstCovid Auction ended up surpassing their pre-auction price estimates, and when all lots were closed, more than £707,000 (about $881,000 USD) had been raised! And that doesn’t even include the FIA’s initial donation of 1 million euros ($1.12 million USD).

While most

Read More