Ferrari to sell new supercar for 1 million euros: chairman

Tue Mar 5, 2013 7:21am EST
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MILAN (Reuters) - Ferrari is going to sell its new LaFerrari supercar model for 1 million euros ($1.30 million), Chairman Luca Cordero di Montezemolo said on Tuesday.

"The 499 LaFerrari cars selling for one million euros each have all been sold out," he said on the sidelines of the Geneva car show. ($1 = 0.7687 euros)

(Reporting By Jennifer Clark, editing by Lisa Jucca)

The new Ferrari car is covered on the stand during the first media day of the 83rd Geneva Car Show at the Palexpo Arena in Geneva March 5, 2013. REUTERS/Denis Balibouse