08/11/2006 at 11:00 AM EDT
One lucky eBay bidder paid $61,600 to buy Matthew McConaughey's 1971 Corvette Stingray, the Associated Press reports.
But the real winners of the auction are the victims of hurricanes Katrina and Rita, who will benefit from the proceeds of the sale.
McConaughey, 36, agreed to donate the money to Oprah Winfrey's Angel Network for Katrina and Rita recovery efforts. The Texas native – and PEOPLE's reigning Sexiest Man Alive – called the Corvette "a luxury that I'm willing to relinquish (to) help so many with the necessities in life."
He said the car, which he had dubbed Mako (like the mako shark), had carried him across his home state and down to Mexico many times.
Hurricane Katrina tore through the Gulf Coast on Aug. 29, and Rita touched down in southeast Texas on Sept. 24.
Bidding on the car ended on July 27 with 72 bids total. The winner of the auction wasn't named.