Ferrari's Formula One world champion Kimi Raikkonen paid 200,000 euros ($314,500) for a 1974 Chevrolet Corvette owned by Hollywood actress Sharon Stone at a Monaco Grand Prix charity auction, organisers said.

The car, stored in Los Angeles and said to have just four miles on the clock, was one of the top lots at a glittering Amber Fashion show in aid of the Elton John Aids Foundation on Friday night.

Indian drinks and aviation billionaire Vijay Mallya, co-owner of the Force India Formula One team, paid 226,000 euros for a concert piano used by Elton John to write his "Songs from the West Coast" album in 2001. Mallya also donated a one-week cruise on his 95-metre "Indian Empress", one of the largest privately-owned yachts in the world, with that going under the hammer for 375,000 euros to a private bidder.

McLaren's Lewis Hamilton, Honda's Jenson Button, Red Bull's Mark Webber and Renault's Nelson Piquet were among drivers modelling a collection designed by Formula One supremo Bernie Ecclestone's daughter Petra. The auction, at Monaco's Meridien Beach Plaza hotel, raised almost 1 million euros. Sunday's race through the streets of the Mediterranean principality is the highlight of Formula One's social calendar, with billionaires, chief executives and movie stars among the celebrity audience.