Ex-Michael Schumacher Ferrari F2003-GA Sells for Record 14,630,000 CHF / 14,873,327 USD at Sotheby’s Luxury Week Sale in Geneva, Doubling the Previous World Record

Ferrari F2003-GA
  • The ex-Schumacher F2003-GA—one of the most historically significant of all Formula One cars—sells for a record 14,630,000 CHF
  • Amongst the most victorious of all the Schumacher Ferrari F1 cars, chassis no. 229 secured five victories, three pole positions, and two further podiums
  • Further information can be found at rmsothebys.com

GENEVA, SWITZERLAND – November 10, 2022 – (Motor Sports NewsWire) – Sotheby’s in partnership with RM Sotheby’s has sold the iconic F2003-GA chassis no. 229 at Sotheby’s Luxury Week sale in Geneva for 14,630,000 CHF, making it the most valuable Formula One car of the modern era ever sold. The previous record was held by another ex-Michael Schumacher Ferrari, an F2001 which sold for $7,504,000 at Sotheby’s evening contemporary art sale in New York on 16 November 2017.

This remarkable car in which Schumacher clinched his sixth World Championship title, secured five victories, three pole positions, and two further podiums in what proved to be a dominant season for the German driver.

Presented for sale in full running order, having been thoroughly overhauled in 2022 by Ferrari Formula 1 Clienti, the car is ready to be driven. The car was given a shakedown by Michael Schumacher’s son, Mick, at Ferrari’s Fiorano test track prior to the sale, providing an unforgettable moment for all Formula One fans.

Augustin Sabatié-Garat, Director of Sales EMEA, says:It was an honour to offer this car in partnership with our partners at Sotheby’s. Formula One cars of this quality and provenance rarely come to market, and this particular car is the best of the best. We are delighted that it has achieved a world record price for such a car, as it truly reflects the importance of this chassis. The result continues to reinforce our reputation as the auction house most recognized for selling the finest Formula One cars in existence”.

221110 Ex-Michael Schumacher Ferrari F2003-GA image003

RM Sotheby’s now looks forward to its inaugural Munich auction, which is to be held in just a few weeks’ time on 26 November at the iconic Motorworld.

For further information on RM Sotheby’s, please visit rmsothebys.com. 


Visit: rmsothebys.com

About RM Sotheby’s

RM Sotheby’s is the world’s largest collector car auction house by total sales. With over 40 years of proven results in the collector car industry, RM’s vertically integrated range of services, from auctions (live and online) and private sales to estate planning and financial services, coupled with an expert team of Car Specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. RM Sotheby’s is currently responsible for seven of the top ten most valuable motor cars ever sold at auction.

Source: RM Sotheby’s

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