The New York Times reports that Michael Schumacher's Ferrari race car, which he drove in the 2001 Formula One World Championship, was sold at RM Sotheby's auction for $18.17 million.
The sale started at $8 million.
The race car Schumacher won the Monaco Grand Prix and the 2001 Hungarian Grand Prix in the sold race car and became world champion. The car became the most expensive car ever sold at auction, driven by the legendary German racing driver. Schumacher is a seven-time Formula One world champion and one of the best racing drivers in the championship's history. The previous record was set in 2022, amounting to $13.2 million.