Thursday, September 28, 2017

Michael Schumacher's Ferrari F2001 set to auction for £3 million

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Dan Smith 2017-09-28 08:00

The car won Schumacher's fourth championship and will be sold as a contemporary art piece in New York

Ferrari F2001

Michael Schumacher’s title-winning Ferrari F2001 is to be auctioned this November as a piece of contemporary art in New York. The car is set to fetch over £3 million. 

RM Sotheby’s Contemporary Art Evening Auction in New York will auction the F2001 on the 16th November. The car was put on display at Sotheby’s Hong Kong Autumn Sales event that runs until the 3rd October.

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The F2001 carried the seven-time Formula One world champion to his fourth drivers’ title and his second with Ferrari. The Italian marque also took its 11th constructors championship with the F2001. The chassis being auctioned, number 211, was the very car that Schumacher won the prestigious Monaco Grand Prix in, which was one of Ferrari’s nine victories in the 2001 campaign.

At the time, the F2001 and Schumacher set the record of most points in a season with 123 points. The German finished all bar three of the 17 races in the 2001 calendar on the podium.

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The car will not be bought for its performance but rather the heritage that the it possesses. Both Ferrari and Michael Schumacher are huge names in Formula One, as is the Monaco Grand Prix, the most prestigious event on the F1 calendar. Marry the three together with the iconic bright red silhouette draped on 90’s and 00’s Ferrari F1 cars, and you’ve got a contemporary art piece with plenty of pedigree.

The F2001 is expected to fetch over $4 million (£3 million) when it goes under the hammer in November. It is still driveable and also eligible for historic motor racing.

Do you think the Ferrari F2001 is worth £3m? Let us know in the comments...



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