From the email;
We’ve tried to make participation as simple as possible. Firstly, you’ll need to log into your Fanatec account on our site. When the auction system is up and running, you’ll see an ‘Enter Auction Page’ button on the DD1 product page, which will take you to a secure bidding area that is hosted on Amazon’s servers and has been thoroughly tested for stability.
After that, you can click to bid as many times as you wish. Each click automatically increases the price by a fixed increment of 10 AUD. After every new bid is placed, a 90-second timer will reset. If there are no new bids after the timer reaches zero, the auction will complete, and the winner will receive payment instructions via email. After this, a new auction will begin immediately at 1 AUD.
Auction units are limited to one per customer. Auctions will continue to run, one at a time, until further notice. The system will prevent bids from going above the retail price. We will also ensure that several units are sold under 1500 AUD, and you’ll be able to see the previous winning bid values.
This will guarantee that many customers will secure a pre-order well below the retail price. These units genuinely have no reserve, so bid carefully!
I'll be on night shift so I'll probably miss it, but If I get chance I was thinking to try between 500-1000