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Lance Armstrong auctions old bikes: raises 1.3 million for LIVESTRONG

Posted Nov 02 2009 10:00pm

Bike1

Who would have thought that the 'finale' Trek Madone Tour de France bike ridden by Lance Armstrong at this year's tour and designed by Damien Hirst would sell for a half a million dollars?

Perhaps it was the fact that the bike is covered in real butterflies that drove up the Sotheby's auction price.

In total Armstrong's formal garage sale raised just about 1.3 million for his foundation according to Armstrong.

" 1.3 mil raised for @ livestrong!!! So incredibly humbling, " Armstrong recently tweeted."From Damien Hirst's masterpiece Tour de France 'finale' Trek Madone covered in real butterflies, to the KAWS 'Chompers' cycle that I broke my collarbone on in the Vuelta Castilla y Leon, every ride is a treasured piece of personal history that I'm proud to offer up to benefit LIVESTRONG. "

Here are the action sale prices of the various Armstrong bikes sold:

Hirst Bike: $500,000
Kenny Scharf TT: $45,000
NARA: $200,000
Shep Fairey: $110,000
KAWS: $160,000
Marc Newsom: $110,000
"Stolen Bike": $130,000

If you want a closer look at the bikes you can download the action catalog HERE.

In more Armstrong news the seven time Tour de France champ also tweeted that his foundation had a great fund raising day at the New York City Marathon.

"Huge thanks to all #LIVESTRONG runners who ran NYC today. Raised more than 850k so far and counting...!!!, " Armstrong announced on Twitter.

Follow on twitter @ everymantri


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