The hammer fell at $500,000 for a Porsche 911 Speedster has at an RM Sotheby's online auction following 32 bids and Porsche Cars North America who had donated the last-ever 991-series 911 matched the final price raising in total $1 million. The proceeds raised were given to the United Way's Community Response and Recovery Fund to directly aid its work for COVID-19 relief in America.

The 911 Speedster is intended to be presented to its new owner at a special event hosted by Klaus Zellmer. Photo: Porsche

The Speedster, one of just 1,948 models produced, was the last-ever 991-series Porsche 911 to go down the serial production line at Porsche's Zuffenhausen factory. It was fitted with options including the $24,510 Heritage Design Package, a fire extinguisher, Porsche Dynamic Light System, front axle lift kit, extended-range fuel tank, and climate control, MSRP stood at $311,940.

Additional prizes thrown in included a Porsche Design watch engraved with a portion of the Speedster's VIN, a large-format book documenting the build — a memento last created when Porsche built the one-millionth 911 in 2017 — and an afternoon with Dr. Frank-Steffen Walliser and Andreas Preuninger at Porsche's Weissach development center.

With the car comes a unique package of experiences and gift items, including an exclusive tour of Porsche's engineering and design headquarters in Weissach, Germany, and a bespoke Porsche Design timepiece complete with the chassis number of the 911 Speedster etched onto its casing. Photo: Porsche

$500,000 for the special Porsche appears to be a bit of a bargain given that some dealers have the 993-series Turbo S listed for as much as $795,000. And remember, RM Sotheby's auctioned a 1995 911 GT2 in 2016 and got $2.4 million.

Following a seven-day bidding period and 32 bids, the last Porsche 911 (991) raised 500,000 dollars (auction hammer price) and Porsche Cars North America decided to match the winning bid to raise the total proceeds to 1 million dollars. The money will be donated to United Way Worldwide to directly aid its work for COVID-19 relief in America. Photo: Porsche

If the Monterey Car Week goes ahead, Porsche will hand the roadster - which recalls the style of the original Porsche 356 Speedster of the Fifties - over at The Quail: A Motorsports Gathering, with PCNA boss Klaus Zellmer presiding. “When we began this project, I wanted to use our voice to help raise awareness and funding for the incredible work of United Way,” Zellmer said. “I’m pleased to have helped draw attention to their efforts and I’m deeply appreciative of the generosity and kindness of all the participants and the winning bidder."