Ferrari belonging to racing legend Michael Schumacher sells for an astronomical price at the auction. - Ferrari belonging to Michael Schumacher fetches historic auction price
In the prestigious Paddock Club, neighboring the iconic race track of Monte Carlo, the Ferrari F2001, with which Michael Schumacher clinched his fourth world championship title in 2001, was auctioned off. The vehicle was instrumental in Schumacher's victories in the Monaco and Hungarian Grand Prix that year.
The bidding war for the F2001, the most expensive Formula 1 car ever driven by Schumacher, conclusively ended at an astonishing $18.17 million at the RM Sotheby's auction held during a running Grand Prix weekend. The "New York Times" reported that this price made it the priciest Formula 1 car driven by Schumacher to be auctioned.
Bidders both on the phone and in the room contested the starting bid of $9 million, culminating in a climactic final bid won by an unidentified bidder present at the event. Proceeds from the auction will benefit the "Keep Fighting Foundation," a charitable organization supporting Schumacher's ongoing social engagement. The motorsport legend has been largely absent from the public eye since his severe ski accident in December 2013.
ranks fourth among the most expensive Formula 1 cars of all time, with the Mercedes W196 Streamliner, driven by Juan Manuel Fangio and Stirling Moss, unchallenged at the top with a $52.52 million sale price in 2025.
Sources: Spiegel, T-Online, New York Times
- Michael Schumacher
- Ferrari
- Monte Carlo
- Auction
- Formula 1
- Sotheby's
- Vehicle
I'm not sure if I would bid on the Ferrari F2001, given its high price, even though it's the fourth most expensive Formula 1 car and was instrumental in Michael Schumacher's victories in the Monaco and Hungarian Grand Prix. However, I'm still interested in sports, so I might watch the football match happening during the same weekend as the RM Sotheby's auction in Monte Carlo instead.