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Audi Sells the First V10-Powered R8 in the U.S. for $500,000

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    The first Audi R8 with a V10 engine sold at a charity auction in Florida for a half-million dollars. List price is more like $150,000 for the supercar, which goes on sale in the U.S. near the end of the year. | September 15, 2009

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Audi Sells the First V10-Powered R8 in the U.S. for $500,000

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    HERNDON, Virginia —The first Audi R8 V10 in the U.S. has sold for more than three times the anticipated sticker price at a charity auction last week. The V10 R8, expected to sell in dealerships for around $150,000, went for $500,000 at the Boca Raton Concours d'Elegance on February 21.

    But the man who won the car wasn't concerned about owning the first R8 V10. He waived his right to the first U.S. production car, if Audi would give him the second car for his $500,000. Audi agreed and the first car went on the block for a second time, fetching $350,000. The 10-cylinder R8 produces 525 horsepower and blasts to 60 mph in 3.9 seconds. Sales in the U.S. will start near the end of 2009.

    The R8s were sold at a gala benefitting the Boys & Girls Clubs of Broward County. The auction also featured the first 2010 Ferrari California sold in the U.S., which went for $350,000. In total, the Boca Raton Gala raised more than $1 million for the Boys & Girls Clubs of Broward County.

    Inside Line says: Fast cars and big money for a good cause. — Eric Tingwall, Correspondent

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