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It now becomes the ‘most valuable F1 car of the modern era ever sold’

Just like its driver, the Ferrari Formula One car you see above has broken a record. RM Sotheby’s has announced that Michael Schumacher’s old F2003 has now become the most valuable ‘modern-era’ F1 car ever sold, with an eye-watering price tag of $14.8m.

Or $14,873,327 to be exact. It breaks the previous record… itself held by an ex-Michael Schumacher F1 car. That Ferrari was an F2001 which went for relative peanuts – a steal at just $7,504,000 when it sold back in 2017.

This F2003 is the car in which Schuey recorded the sixth of his seven Formula One world titles, bagging five race victories, three pole positions and two more podiums. We’re told the car was presented for sale “in full running order”, and was treated to a recent overhaul by Ferrari itself.

It was even given a once over by Mick Schumacher at Fiorano (Ferrari’s private test ground), and by ‘once over’, well… you know what that means. Suffice to say, it “provided an unforgettable moment for all Formula One fans”, according to RM Sotheby’s.

“Formula One cars of this quality and provenance rarely come to market,” explained the company’s EMEA director of sales Augustin Sabatié-Garat. A car of rare quality…. just like its driver, then.

Source

Author
Top Gear

As Motoring Journalists, we have spent the past two decades reporting on the latest developments in the automotive industry. Our passion for cars began at a young age, and we have been fortunate enough to turn that passion into successful careers.

We have covered a wide range of topics related to cars and the automotive industry. From the latest car models to the impact of new technologies on the industry, we have always been at the forefront of reporting on the latest developments. I have also interviewed some of the biggest names in the industry, from CEOs of major automakers to famous racing drivers.


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