Sparesbox Blog

Michael Schumacher’s 2001 Ferrari Fetches $10m

By Liam Ridings

Mon Nov 20 2017

Michael Schumacher’s 2001 World Championship winning Ferrari F2001 has fetched an astonishing £5.7m ($9.96m AUD) at auction in New York.

Widely heralded as the most important F1 car of the modern era, the Ferrari F2001 (chassis number 211) crossed the finish line first on two occasions during the 2001 season, including the fabled Monaco Grand Prix.



The 2001 Ferrari F1 car played an important role in Ferrari’s historic run of dominance that between 1999 and 2004 that included five Drivers’ and six Constructors’ Championships. Schumacher finished the 2001 F1 season with 123 points, almost twice as many as his closest rival, David Coulthard of McLaren.



The supremacy of the F2001 Ferrari was further demonstrated when the Italian’s decided to take the outdated car to the 2002 Australian Grand Prix where it took pole and overall victory. The F2001 was finally retired after the 2002 Malaysian Grand Prix where it claimed pole position.



Schumacher’s Ferrari was auctioned at Sotheby’s Contemporary Art Evening Sale in New York where it attracted a six-minute bidding war between eight different attendees. The £5.7m ($9.96m AUD) sale price far exceeded the pre-auction prediction of £3m ($5.2m AUD). A portion of the proceeds will go towards Michael Schumacher’s non-profit Keep Fighting Foundation.


Images Courtesy of Ferrari & Sotheby’s