The Ferrari 599 GTB Fiorano HGTE China has been auctioned and has sold for 1.2 million Euros to an anonymous person from Shanghai . The auction for the unique Ferrari 599 China was announced at the beginning of October. The venue for the auction, which was organized by the Prancing Horse, was the Red Gate Gallery in Beijing. The Ferrari 599 China was decorated by Lu Hao, a Chinese artist, who was inspired by the traditional Song Dynasty Ge Kiln pottery patterns. The funds raised by this auction will be received by outstanding students and young teachers of Tsinghua University ’s Department of Automotive Engineering to study at Italy ’s Politecnico di Milano University and internship at Ferrari’s headquarters.