### Michael Schumacher's F2001 Ferrari Sets New Auction Record, Fetching $18.17 Million Michael Schumacher's iconic 2001 Ferrari F2001, which played a pivotal role in his championship-winning season, has made headlines by selling for an unprecedented $18.17 million (approximately R324 million) at auction. This sale marks the highest price ever paid for a Formula 1 car driven by the legendary driver, solidifying the F2001's status as a significant piece of motorsport history. The auction took place just ahead of the Monaco Grand Prix, further enhancing its allure among collectors and fans alike [https://www.citizen.co.za/network-news/motoring/2025/05/28/michael-schumachers-legendary-f2001-f1-car-sells-for-a-whopping-r324-million]. ### Breakdown of the Auction Event and Its Significance 1. **Auction Details**: - The F2001 was sold at an RM Sotheby's auction, which is known for high-profile sales of luxury items and collectibles [https://www.channelnewsasia.com/sport/michael-schumachers-ferrari-sets-formula-one-record-auction-5151706]. - The car was auctioned on May 24, 2025, just before the Monaco Grand Prix weekend, adding to its historical significance [https://www.nytimes.com/athletic/6379790/2025/05/24/michael-schumacher-ferrari-f1-car-sale-auction]. 2. **Historical Context**: - The F2001 was instrumental in Schumacher's 2001 season, where he secured victories at both the Monaco and Hungarian Grand Prix, contributing to his fourth world championship title [https://www.dailymail.co.uk/sport/formulaone/article-14747235/Michael-Schumachers-2001-Monaco-Grand-Prix-winning-Ferrari-fetches-13-4MILLION-auction-expensive-F1-car-sold.html]. - This sale surpasses the previous record for an F1 car, highlighting the increasing value of motorsport memorabilia [https://www.newsbytesapp.com/news/auto/michael-schumacher-s-ferrari-f2001-sells-for-record-18m/story]. 3. **Market Trends**: - The auction reflects a growing trend in the collector's market for high-value sports memorabilia, particularly items associated with legendary athletes like Schumacher [https://www.businesslive.co.za/bd/life/motoring/2025-05-25-michael-schumachers-ferrari-sells-for-324m-at-auction]. - The sale price of £13.4 million (approximately $18.17 million) indicates a robust demand for rare and historically significant racing cars [https://www.thesun.co.uk/motors/35119199/michael-schumachers-monaco-breaks-record-auction]. ### Supporting Evidence and Data - **Auction Price**: The F2001 sold for **$18.17 million**, making it the most expensive F1 car ever sold at auction [https://www.news9live.com/sports/ferrari-f2001-driven-by-michael-schumacher-sets-new-auction-record-2857863]. - **Historical Wins**: The car was used in **two major victories** during the 2001 season, specifically at the Monaco and Hungarian Grand Prix [https://www.dailymail.co.uk/sport/formulaone/article-14747235/Michael-Schumachers-2001-Monaco-Grand-Prix-winning-Ferrari-fetches-13-4MILLION-auction-expensive-F1-car-sold.html]. - **Previous Record**: The previous record for an F1 car was significantly lower, showcasing the dramatic increase in value for Schumacher's memorabilia [https://www.newsbytesapp.com/news/auto/michael-schumacher-s-ferrari-f2001-sells-for-record-18m/story]. ### Conclusion: A Landmark Sale in Motorsport History In summary, the auction of Michael Schumacher's F2001 Ferrari for **$18.17 million** represents a landmark moment in the world of motorsport collectibles. The sale not only sets a new record for Formula 1 cars but also underscores the enduring legacy of Schumacher as one of the greatest drivers in the sport's history. 1. **Record-Breaking Sale**: The F2001 is now the most expensive F1 car sold at auction. 2. **Historical Significance**: The car's victories in 2001 add to its value and appeal. 3. **Market Implications**: This sale reflects a growing trend in high-value sports memorabilia, particularly related to iconic athletes. The combination of historical significance, market demand, and the allure of Schumacher's legacy has culminated in this remarkable auction outcome [https://www.citizen.co.za/network-news/motoring/2025/05/28/michael-schumachers-legendary-f2001-f1-car-sells-for-a-whopping-r324-million].