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Audi A1 artwork fetches £350,000

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A car spin painted by Damien Hirst has fetched £350,000 at Sir Elton John's annual fundraising ball in Windsor.

The candyfloss pink paint-splattered Audi A1 car, described as "fully drivable and road legal", was bought by an unnamed bidder at the White Tie and Tiara Ball - the annual glitzy bash which raises money for the Elton John Aids Foundation.

Previously described by Sir Elton as "one of the most exciting auction items we have ever had for White Tie", the car was auctioned with a 6ft diameter canvas spin painting, which Hirst completed at the same time.

The A1 car will not be seen on UK roads until November.

Almost 700 VIPs - including Elizabeth Hurley, Lily Cole, Kerry Katona, David Walliams, Sharon and Kelly Osbourne, Peter Andre and Lady Gaga - attended the pop legend's charity auction, which raised more than £5.6 million for the foundation.

Lady Gaga, who performed at the event, Tweeted after Thursday night's bash: "What a brilliant evening with wonderful friends.

"Thank you to everyone who donated to the Elton John Aids Foundation. What a magical stage X."

© Press Association 2010