SWITZERLAND – The Ferrari of German racing champion Michael Schumacher – which carried him to an impressive five Formula 1 Grand Prix World Championship victories in 2003 – is currently up for auction in Geneva according to auction house Sotheby’s on Friday.
Executive Assistant to the Director of RM Sotheby’s Sales, Vincent Luzuy, touted that the red “Chassis 229” Ferrari driven by Schumacher a total of nine times in competition is expected to fetch up to $9.4 million when all is said and done.
It’s special because this car is one of the only four cars with more than four wins in the Ferrari history and especially with one of the most skilled driver of his generation, Michael Schumacher,” he said.
The Ferrari, designed by Rory Byrne and Ross Brawn, was driven by Schumacher to win the Grand Prix in Spain, Austria, Canada, Italy and the United States.
The high-performance car was overhauled in 2022 by the Ferrari Formula 1 Clienti department and is currently “track ready,” Luzuy noted, saying that the likely bidders will consist of professional and private racing enthusiasts and car collectors.
On Sotheby’s website, the auction’s description reads, “Presenting today as one of the most significant and historic cars from a golden period in the Scuderia’s history, chassis 229 has been awarded Ferrari Classiche’s ‘Red Book’ Certification and has been recently overhauled in 2022 at the Maranello factory. Its legendary 3-litre V-10 engine has been run for only 148 miles since then, and all the major components – including the gearbox, clutch and hydraulic system – have covered only a small percentage of their current lifecycle, as it is documented in the ‘Current Car Status’ data sheet provided by Ferrari and available on file.”
The live auction is scheduled to begin on Wednesday.
Joe Mcdermott is a journalist, reporter and writer for Auto Buyers Market as well as other independent news and media organizations in the United States. Joe works on a wide variety of topics and fields, has been featured in print and online in a variety of publications, from local to national, and helps keep a keen-eye on what’s happening in the automotive world for Auto Buyers Market.