Michael Schumacher iconic Ferrari Formula One car has set a record with $18 million auction sale

Published on Jul 22, 2025 at 8:44 PM (UTC+4)
by Keelin McNamara

Last updated on Jul 23, 2025 at 4:17 PM (UTC+4)
Edited by Emma Matthews

Michael Schumacher is, perhaps, the greatest Formula One driver ever.

The German legend drove for the legendary Scuderia Ferrari team from 1996 to 2006.

During that time, Schumacher won a then-record-setting seven Drivers’ Championships.

And now, his iconic Ferrari Formula One car has set a record at auction.

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Michael Schumacher: F2001 sells for big money

Michael Schumacher was at his dominant peak during the early 2000s.

From 2000 to 2004, Schumacher won five consecutive Drivers’ Championships for Ferrari.

The 2001 season saw the German claim his fourth straight title for Ferrari.

And it’s his car from that season that set such a mammoth record at auction.

A couple of months ago in May, Formula One played host to the legendary Monaco Grand Prix.

Prior to the Grand Prix, Schumacher’s car from 2001 – the F2001 – was up for auction.

The auction, hosted by RM Sotheby’s, saw the supercar smash an auction record.

The winning bid ultimately was a staggering $18.17 million.

This makes it the most expensive car ever to be driven by Michael Schumacher.

It did not, however, break the record for the most expensive Formula One car ever.

That record still belongs to the Mercedes W196 streamliner driven by Juan Manuel Fangio and Sir Stirling Moss.

That particular car sold for $52.52 million earlier this year in a separate auction.

Schumacher’s 2001 Ferrari Formula One car is the fourth most-expensive F1 car ever sold.

2001 saw Schumacher dominate with Ferrari

2001 is considered to be one of the best seasons of Michael Schumacher’s career.

The German took nine wins during the 2001 season, including Monaco and Canada.

Schumacher’s win at the Belgian Grand Prix gave him 52 career wins and saw him break Alain Prost’s record.

Prost’s record of 51 had stood since 1993.

But in the Canadian Grand Prix saw Michael finished second to his brother, Ralf Schumacher.

In the process, the Schumacher brothers became the first siblings to finish first and second in a Formula One race.

Michael Schumacher would ultimately wrap up the 2001 Drivers’ Championship with four races left to go.

The German finished the season with 123 points, 58 points ahead of runner-up David Coulthard.

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Keelin McNamara is a content writer at Supercar Blondie from Ireland, covering cars, technology, and lifestyle. Despite being a Law graduate, he discovered his passion for journalism during the COVID-19 pandemic, and has worked in the industry ever since. Outside of work, he is an avid MotoGP fan, and is a self-confessed addict of the sport.