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Legendary Schumacher-Ferrari Sets Auction Record at £13.43m

Iconic Formula One car driven by Michael Schumacher during his 2001 victories garners historic auction sale.

Source: bbc.co.uk1 min read
Legendary Schumacher-Ferrari Sets Auction Record at £13.43m
Image via bbc.co.uk

In brief

A Ferrari F2001, the same vehicle that propelled racing icon Michael Schumacher to his 2001 Monaco Grand Prix victory, has been sold for an astounding £13.43 million (€15.98 million) at auction.

The car, which helped Schumacher secure his fourth world title, was auctioned by RM Sotheby's just before this year’s Monaco Grand Prix. This remarkable sale marks the highest price ever paid for a Schumacher-driven car at auction, making it the fourth most expensive Formula One car sold to date. The previous record was held by a Mercedes raced by Stirling Moss and Juan Manuel Fangio, valued at £42.75 million earlier this year. Prior to this, Schumacher's F2003 was sold for £9.75 million in 2002, which highlights the dramatic increase in value of these historic racing vehicles.Ferrari enthusiasts are hopeful for a resurgence in success with driver Charles Leclerc, who will start the upcoming race from second on the grid, closely trailing McLaren's Lando Norris.

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