By Drew Johnson
Tuesday, Sep 23rd, 2008 @ 12:29 pm

Ferrari ’s newest California hardtop convertible made its official debut last week, culminating in a weekend celebration taking place in both Maranello and Los Angeles. The latter was filled with the requisite celebrity appearances and even included the auctioning of one of the first California examples.
Held at a private airport in Santa Monica, the Ferrari California came under the gavel for a cool $520,000. While that price tag is a few more hundred thousand than the California will go for at your local Ferrari dealership, the proceeds went to a very worthy cause –After-School All-Stars. Ferrari has been heavily involved with the After-School All-Stars — an association that engages middle-school kids in activities that increase confidence and encourage success in all areas of their lives – and even governor Arnold Schwarzenegger stopped by to acknowledge Ferrari’s donation.

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