Schumacher Ferrari sells for more than $14m at Swiss auction
The championship-winning F2003-GA is now the most valuable modern F1 car in history
16 November 2022 - 10:02
byMotor News Reporter
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The red "Chassis 229" Ferrari raced by German world-champion driver Schumacher fetched $14.8m. Picture: SOTHEBYS.COM
Michael Schumacher’s championship winning Ferrari F2003-GA Formula One car sold for an incredible $14.8m (roughly R260m) at an auction in Geneva on November 9, a sum now making it the most valuable modern F1 car in history, according to RM Sotheby’s.
“It is special, because this car is one of only four cars with more than four wins in the Ferrari history and [because it was driven by] one of the most skilled drivers of his generation, Michael Schumacher,” said Vincent Luzuy, executive assistant to the director of RM Sotheby’s sales.
From World Champion to world record holder, the most successful Ferrari F2003-GA car is now the most valuable modern F1 car in history. The car Michael Schumacher drove en route to his sixth title has sold for CHF14,630,000 ($14,873,327 USD) at Sotheby's Luxury Week in Geneva. pic.twitter.com/BMUbDSB7pV
The previous record was held by another Schumacher-piloted Ferrari — the legendary F2001 in which the German race ace won his fourth F1 world championship — that was sold by Sotheby’s for $7.5m (roughly R133.6m) in 2017 at New York auction.
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Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS
Schumacher Ferrari sells for more than $14m at Swiss auction
The championship-winning F2003-GA is now the most valuable modern F1 car in history
Michael Schumacher’s championship winning Ferrari F2003-GA Formula One car sold for an incredible $14.8m (roughly R260m) at an auction in Geneva on November 9, a sum now making it the most valuable modern F1 car in history, according to RM Sotheby’s.
“It is special, because this car is one of only four cars with more than four wins in the Ferrari history and [because it was driven by] one of the most skilled drivers of his generation, Michael Schumacher,” said Vincent Luzuy, executive assistant to the director of RM Sotheby’s sales.
The previous record was held by another Schumacher-piloted Ferrari — the legendary F2001 in which the German race ace won his fourth F1 world championship — that was sold by Sotheby’s for $7.5m (roughly R133.6m) in 2017 at New York auction.
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