Michael Schumacher’s 2003 Ferrari Fetches File $13 Million at Public sale

The Ferrari wherein Components One legend Michael Schumacher received the 2003 World Championship title bought for greater than $13 million at public sale in Geneva on Wednesday.

ALSO READ| FIFA World Cup Qatar 2022: Luka Modric Heads Croatia Marketing campaign as Zlatko Dalic Names Squad

“This outstanding automotive has achieved a world document value for a modern-era Components One,” the Sotheby’s auctioneer mentioned after the F2003-GA, Chassis 229 bought for 13 million Swiss francs ($13.2 million).

The earlier document was held by one other Schumacher-driven Ferrari, an F2001 mannequin bought by Sotheby’s in New York in 2017 for $7.5 million.

The ultimate value, provided by an unidentified phone bidder after a bidding battle of greater than 40 minutes, far outstripped expectations, with the public sale home estimating pre-sale that the automotive would fetch as much as 9.5 million Swiss francs.

It’s “one of the vital important Components One automobiles of all time”, the auctioneers mentioned.

Schumacher raced 9 occasions within the automotive, profitable 5 Grands Prix within the 2003 season and driving it when he clinched the title in Japan.

He has not been seen in public since struggling severe accidents in a snowboarding accident in 2013.

“It’s one of many Ferraris with essentially the most victories within the constructor’s historical past, so it’s an important automotive within the historical past of motor racing,” Vincent Luzuy, from the Sotheby’s department coping with luxurious automotive gross sales, advised AFP.

Designed by Rory Byrne and Ross Brawn, the F2003-GA featured an extended wheelbase to enhance aerodynamics, he defined.

The mannequin was introduced in on the Spanish Grand Prix, the fifth race of the 2003 season. Chassis 229 is by far essentially the most profitable of the six F2003-GAs that have been constructed.

Schumacher drove it to victory in Spain and in addition received the Austrian, Canadian, Italian and US Grands Prix within the automotive.

He additionally claimed pole place in Spain, Austria and Italy within the automotive, and the quickest laps in Austria, Italy and america.

The automotive powered Schumacher to his sixth F1 title — a complete that noticed the German overtake the 5 received by Argentina’s Juan Manuel Fangio within the Nineteen Fifties.

It additionally helped Ferrari win a thirteenth constructor’s championship — the Italian staff’s fifth in a row.

Learn all of the Newest Sports activities Information right here

Leave a Comment