Michael Schumacher’s Ferrari Fetches Document $13 Million At Public sale

The Ferrari by which Components One legend Michael Schumacher gained the 2003 World Championship title bought for greater than $13 million at public sale in Geneva on Wednesday. “This exceptional automotive has achieved a world document worth 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 worth, provided by an unidentified phone bidder after a bidding conflict 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 vital Components One automobiles of all time”, the auctioneers mentioned. Schumacher raced 9 occasions within the automotive, successful 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 snowboarding accident in 2013. “It is one of many Ferraris with essentially the most victories within the constructor’s historical past, so it is a vital automotive within the historical past of motor racing,” Vincent Luzuy, from the Sotheby’s department coping with luxurious automotive gross sales, informed 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.

Promoted

Schumacher drove it to victory in Spain and in addition gained 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 gained by Argentina’s Juan Manuel Fangio within the Fifties. It additionally helped Ferrari win a thirteenth constructor’s championship — the Italian crew’s fifth in a row.

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