Michael Schumacher’s Iconic Ferrari F1 Car Set for Record Auction
28th October 2024
Michael Schumacher's final Ferrari Formula 1 car, the 2006 Ferrari 248, will be auctioned by Sotheby's in New York, potentially fetching over $22.5 million. Discover its legacy and auction details.
The last Ferrari Formula 1 car driven by Michael Schumacher, one of the most celebrated figures in motorsport history, is set to be auctioned in New York this November. Sotheby’s will be hosting the sale of the 2006 Ferrari 248, a vehicle that played a crucial role in Schumacher’s final season with the Scuderia Ferrari team. With an expected price exceeding $22.5 million, this iconic F1 car is poised to break records, becoming the most expensive Schumacher F1 car ever sold.
Michael Schumacher’s Ferrari F1: A Piece of Motorsport History
The Ferrari 248 holds a special place in Formula 1 history, as it was driven by Schumacher during his final year with Ferrari in 2006. One of only eight cars built for that season, the vehicle represents the culmination of the German driver's unparalleled career with the Italian team. The Ferrari 248 is one of just four Schumacher-era cars to claim five or more victories in a single season, further cementing its significance.
Schumacher, a seven-time world champion and regarded by many as the greatest F1 driver of all time, drove this car to victories at five major Grand Prix events: San Marino, Europe, USA, France, and Germany. In addition to these triumphs, it was the very car in which Schumacher broke Ayrton Senna’s record for the most pole positions in F1, a historic achievement that added to the vehicle's illustrious legacy.
The Auction and Estimated Value
Sotheby’s auction house is set to present Schumacher’s Ferrari 248 from November 14 to November 19, with a pre-auction exhibition running from November 8 to November 20 in New York. The car is expected to fetch more than $22.5 million, surpassing previous sales of Schumacher’s F1 cars. The high price is a testament to both the car's racing pedigree and its association with one of the sport’s greatest legends.
Schumacher’s 248 is expected to attract global interest from collectors, racing enthusiasts, and investors alike. In recent years, rare F1 cars, particularly those associated with iconic drivers, have seen a surge in value at auctions, with prices often breaking previous records. This Ferrari 248 is likely to continue that trend.
Schumacher’s Legacy and Ferrari 248’s Importance
Michael Schumacher’s legacy in Formula 1 is unparalleled. During his career, he won seven world championships, and his dominance in the early 2000s with Ferrari is the stuff of legend. The 2006 Ferrari 248 was a key player in his final season, symbolizing the end of an era for both the driver and Ferrari. Beyond the victories, the car holds sentimental value as it marked Schumacher’s farewell from full-time racing with the Italian team, before he briefly returned to the sport with Mercedes.
For Ferrari enthusiasts and F1 collectors, owning a car from Schumacher’s championship-winning seasons is the ultimate prize. This specific Ferrari, having been part of five Grand Prix wins and a record-breaking pole position, carries historical significance that few other F1 cars can match.
A Legendary Ferrari at the Centre of a Historic Auction
As the world eagerly awaits the Sotheby’s auction in November, Schumacher’s Ferrari 248 is expected to attract substantial attention and achieve a record-breaking sale. This car, steeped in motorsport history, not only represents Schumacher’s farewell to Ferrari but also serves as a symbol of his extraordinary achievements in Formula 1. For collectors, this auction presents a rare opportunity to own a piece of motorsport legend.