Rolls-Royce Phantom sold for £800k

A Rolls-Royce Phantom Drophead Coupe has sold at a charity auction for £800,000.

The massive bid was made for the car at the ninth annual white tie and tiara ball held to raise money for the Elton John Aids Foundation.

A private buyer was behind the bid and delivery of the luxury vehicle will be made later in the summer.

The Rolls-Royce Phantom Drophead Coupe, which was unveiled in January this year, is hand made at the manufacturer’s plant at Goodwood and, according to Rolls-Royce, combines cutting edge aluminium technology with the best hand craftsmanship.

The automaker has recently begun full production of the two-door, four-seat convertible, which has reportedly been hailed as "the ultimate in convertible motoring".

Ian Robertson, chairman and CEO of Rolls-Royce, said: "We were delighted that the Phantom Drophead Coupe raised such a significant amount on the night and that Rolls-Royce Motor Cars had the opportunity to support the Elton John Aids Foundation in their continued fight against this global epidemic."

The ball raised a total of £6 million for charity, with over £3 million coming from the auction alone.

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