The £200,000 Fiat 500

11 June 2006

A Fiat 500 has sold for £200,000.

However, it was no ordinary Fiat 500, but one painted by English artist Tracey Emin.

It was sold at a charity auction in London last week, in aid of the ARK (Absolute Return for Kids).

The charity supports child-oriented projects, including helping children affected by HIV in Africa, children in care in Eastern Europe, and inner-city education in the UK.

More than 1200 guests attended the auction, including former Prime Minister Tony Blair, the actress Uma Thurman and model Liz Hurley.

Another Tracey Emin-designed Fiat 500 sold for £42,000 last October. Emin has painted four in total, with two more still to be sold.

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