Schumacher Sells Ferrari F1 Car with Five Wins for $14.8 Million

The Ferrari F1 car driven by seven-time world champion Michael Schumacher in the 2003 season sold for $14.8 million at an RM Sotheby's auction in Geneva, Switzerland, on Wednesday.

This is the highest price paid for an F1 car in the modern era and almost double the previous highest price Schumacher's F1 car ever sold for at auction.

The car is a Ferrari 2003-GA with chassis number 229, which Schumacher drove to nine races in the 2003 season, winning five of the six races. [He won the Austrian, Canadian, Italian, Spanish, and American GPs. In addition, he took three pole positions, three fastest laps, and two podiums at the Monaco and French GPs.

The 3.0-liter V10 engine driving the 2003-GA produces a maximum output of 930 hp at a maximum rpm of 19,000 rpm, and the car has remained in full operating condition since the end of its racing career, with a full service at the Maranello factory in early 2022 The car was given a According to Listing, the seven-speed sequential transmission, clutch, and hydraulic system cover only a small portion of its current range of use.

Despite the high bid, this car is still not the most expensive F1 car ever sold at auction. That honor goes to the 1954 Mercedes-Benz F1 car driven by Juan Manual Fangio, which sold for $29.65 million in 2013. It was the highest price at auction at the time.