3 Minutes
Michael Schumacher’s iconic Ferrari F2001 has made automotive history once again, fetching an astonishing €16 million at an exclusive RM Sotheby’s auction held during the 2025 Monaco Grand Prix. This remarkable Formula 1 race car, recognized for its dominant performance in the 2001 season, is now the second most expensive F1 car ever sold at public auction, underscoring its immense historical and collector value among motorsport enthusiasts.
Unprecedented Auction Success
The Ferrari F2001 driven by Schumacher—chassis number 211—achieved an extraordinary sale price of €15,980,000 (approximately $18,165,000 USD). The auction took place on May 25, 2025, just before the Monaco Grand Prix qualifying session. This unique event was organized in collaboration with Paddock F1 Club and marked one of the highlights of the Formula 1 weekend.
Beyond its financial impact, a substantial portion of the proceeds will benefit the Keep Fighting Foundation, a non-profit organization reflecting Schumacher’s ongoing commitment to scientific and social projects.
Vehicle Specifications and Racing Legacy
As one of the most celebrated Formula 1 cars, the Ferrari F2001 boasts a 3.0-liter V10 engine engineered for maximum speed, agility, and reliability. Paired with an advanced semi-automatic gearbox and an aerodynamic carbon fiber chassis, the F2001 set new standards for performance and innovation in early 2000s motorsport engineering. The combination of Ferrari’s technical prowess and Schumacher’s legendary driving skill led to memorable victories during the 2001 season, including first place at the Monaco Grand Prix—a race that stands as Schumacher’s last win on this iconic street circuit. Shortly after, he clinched his fourth World Drivers’ Championship title at the Hungarian Grand Prix, further elevating the F2001’s significance.
Market Positioning and Comparisons
The sale of Schumacher’s Ferrari F2001 not only shattered expectations but also cemented its status in the collector car market. It now stands right behind the 2013 Mercedes-AMG F1 W04, driven by Lewis Hamilton and sold at auction for $18.8 million in November 2023. With its storied connection to a golden era for Ferrari and Formula 1, the F2001 enjoys an unmatched pedigree and desirability.
Design and Engineering Excellence
The Ferrari F2001 blends advanced aerodynamic features, cutting-edge materials, and meticulous Italian design. Renowned for its agility and balance on the track, this vehicle is regarded as a masterpiece in Formula 1 engineering, not only for its technical specifications but for the lasting legacy it left in the hands of one of the sport’s greatest champions.
This record sale underscores the enduring allure of historic Formula 1 cars, particularly those with a rich racing heritage like the Ferrari F2001. For collectors and racing fans alike, this legendary car remains a symbol of speed, innovation, and the relentless pursuit of victory.
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