Michael Schumacher's Ferrari fetches staggering auction price, breaking previous records. - Ferrari belonging to Michael Schumacher fetches a record-breaking price at the auction.
Michael Schumacher's 2001 Ferrari F2001 Breaks Auction Record
By Christina Klein | 1 Min Read
In the prestigious Paddock Club, nestled alongside the iconic Monaco race track, the Formula 1 car that propelled Michael Schumacher to his fourth world championship title went under the hammer. The Ferrari F2001, which Schumacher drove to victories at the Monaco Grand Prix and Hungarian Grand Prix in 2001, fetched an astounding €15.98 million ($18.17 million) at the RM Sotheby's auction, making it the most expensive Formula 1 car ever sold that was driven by the racing legend.
The auction, held during a Grand Prix weekend for the first time, drew a crowd of collectors and curious onlookers alike. Bidding started at €9 million, leading to a competitive bidding war, both on the phone and in the room. The winning bid, placed by an as-yet unnamed, in-person buyer, eclipsed the previous record for a Schumacher vehicle – the Ferrari F2003, which sold for $13.2 million in 2022.
A portion of the proceeds will support the "Keep Fighting Foundation," which continues Schumacher's social engagement. After a severe ski accident in December 2013, the motorsport icon has largely withdrawn from public view, and updates about his health status remain private.
Historically, the F2001 ranks fourth among the most expensive Formula 1 cars of all time. The unchallenged frontrunner is the Mercedes W196 Streamliner from the 1950s, which sold for $52.52 million earlier in 2025. The car was driven by motorsport legends Juan Manuel Fangio and Stirling Moss.
Sources: Spiegel, T-Online, New York Times
Keywords: Michael Schumacher, Ferrari, Monte Carlo, Auction, Formula 1, Sotheby's, Vehicle
I'm not sure if sports can be directly tied to the auction of Michael Schumacher's Ferrari F2001, but the competitive bidding war and the high price fetched may suggest an intense level of interest and passion from collectors, which could be interpreted as a reflection of the sport's appeal. The auctioned car, driven by Schumacher during his racing days, serves as a valuable artifact in the world of sports history.