Luxury Swiss watch brand Blancpain has taken part in an auction in the presence of Prince Albert II of Monaco, selling one of its racing Lamborghini Gallardo LP300 GT3s for more than £124,000.
The auction, held with the help of classicdriver.com and RM Auctions, took place to raise money for the Monaco Association Against Muscular Dystrophy (AMM).
Blancpain put one of its Lamborghini Gallardo LP600 GT3 cars up for auction, raced by Blancpain president and chief executive Marc A. Hayek during the 2011 Amateur-Class championship ADAC GT Masters Series.
The supercar sold for €155,000 (£124,211), with 100% of the proceeds from the vehicle’s sale, including auction commissions, set to be donated to AMM.
Blancpain was the first watch manufacturer to commit to supporting the charity, and during the past decade the brand has aided AMM’s endeavours through participation in various activities such as the Only Watch auction held in September 2011.
A release from the brand said: “Helping every child, teenager, and young adult affected with Duchenne muscular dystrophy is what we all aim for.”