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Monaco Magic: Schumacher’s Ferrari Roars to Record-Breaking $17M Sale, Setting F1 Milestone

Simon Monroy by Simon Monroy
May 25, 2025
in Motorsports
Reading Time: 2 mins read
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Monaco Magic: Schumacher’s Ferrari Roars to Record-Breaking $17M Sale, Setting F1 Milestone

In a jaw-dropping auction that shattered all previous records, Michael Schumacher’s iconic Ferrari, which led him to victory in Monaco, has been sold for a staggering $17 million. The Ferrari F2001 chassis 211, driven by Schumacher during his dominant 2001 season, clinching victories in Monaco and Hungary, has set a new benchmark for Formula 1 memorabilia.

This historic sale, conducted by RM Sotheby’s in Monte Carlo, showcases the enduring legacy of Schumacher’s golden era with Ferrari. The F2001’s triumph at the Monaco Grand Prix highlighted Schumacher’s unparalleled skill and cemented his status as a racing legend. Surpassing the previous record set by his 2003 title-winning F2003-GA, this sale solidifies the F2001 as the most expensive Schumacher-driven Formula 1 car ever sold.

Despite the eye-watering price tag, the F2001 secures only the fourth spot among the most expensive Formula 1 cars ever auctioned. The all-time record still belongs to a 1955 Mercedes-Benz W196 R Streamliner, driven by Juan Manuel Fangio, selling for an astounding $54 million. However, Schumacher’s Ferrari now stands as one of the most coveted pieces of Formula 1 history, symbolizing an era of dominance that reshaped the sport.

While Schumacher’s on-track achievements continue to captivate fans, his off-track journey remains shrouded in mystery. Following a life-altering skiing accident in 2013, Schumacher has maintained a secluded life at his Lake Geneva home, away from the public eye. Despite the lack of updates on his condition, the racing community continues to honor his legacy, with the auction of his Monaco-winning Ferrari serving as a poignant reminder of his enduring impact on the sport.

Schumacher’s seven world championships and unparalleled success with Ferrari solidify his place as a Formula 1 icon. The recent auction not only celebrates his racing prowess but also preserves a tangible piece of motorsport history for generations to come. As the world marvels at the astronomical price tag of his Ferrari, it is clear that Schumacher’s legacy transcends mere racing accomplishments – it is a testament to the indelible mark he has left on the sport.

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