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February 9, 2007 The first Rolls-Royce Phantom Drophead Coupe destined for the USA has been bought at a charity auction for US$2 million, making it the most expensive new car ever sold in the USA. Rolls-Royce launched the new Phantom Drophead Coupé at the Detroit Motor Show last month. The hand made two-door, four-seat convertible combines the latest in lightweight aluminum technology and is one of the fastest open top four seaters in the world. All of the US$407,000 Drophead Coupés to be built in 2007 have already been sold.

The auction, which took place on 27 January, was staged at the Ritz-Carlton Golf Resort in Naples. It was attended by many of the world's finest vintners, chefs, television and film personalities, as well as wine lovers and culinary enthusiasts from all over the USA. Naples' families who share a passion for great wine, excellent food, and supporting their community established the Festival in 2000.

More than US$1.6 million will go to the Naples Children and Education Foundation, which supports charitable and educational programmes to improve the physical, emotional and educational lives of underprivileged or at-risk children.

The car was bought by a resident of Naples, who will take delivery of the car later this year.

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