Schumacher’s F2001 Ferrari Sells for $18.17M

Michael Schumacher's 2001 Ferrari F2001, which he drove to win the Monaco and Hungarian Grands Prix and secure his fourth world championship, sold for $18.17 million (€15.98m/£13.43m) at an RM Sotheby’s auction during the Monaco Grand Prix weekend. This sale sets a new record for the most expensive Schumacher-driven F1 car ever auctioned. The car was purchased by an attendee at the event and is now the fourth most expensive Formula 1 car ever sold, behind three Mercedes models, including the $52.52 million W196 R Stromlinienwagen. Proceeds from the auction will benefit the Keep Fighting Foundation, which furthers Schumacher's charitable work after his skiing accident. Schumacher, a seven-time world champion, is currently under private medical care, with his family maintaining strict privacy. The F2001’s legacy is highlighted by its role in Ferrari’s first consecutive drivers’ and constructors’ championship victories.