Schumacher’s 1998 Ferrari fetches more than $6 million

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F300 racing car
Schumacher’s 1998 Ferrari fetches record price at auction

Michael Schumacher in 1998 while testing the new Ferrari F300 at Mugello

© Marco Bucco / DPA

08/23/2022, 10:47 am

1 min reading time

Used car trade for millionaires: The auction house Sotheby’s has auctioned the Formula 1 racing car F300 for several million dollars. Michael Schumacher drove in the Ferrari car in the 1998 season.

A historic racing car owned by record world champion Michael Schumacher has been auctioned for 6.22 million US dollars. As the auction house RM Sotheby’s announced, a bidder from Monterey, California, was awarded the contract for Schumacher’s legendary Ferrari F300 from the 1998 Formula 1 season.

Ferrari F300

Michael Schumacher won several times in this Formula 1 racer – now he is available from 6 million dollars


Ferrari F300

Even if the Ferrari F300 is parked here on the street: Of course, the vehicle is not approved for road traffic. Even if the grooved tires that were mandatory in 1998 would be more suitable than slicks.

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Four races with chassis 187

With the 187 chassis, Schumacher drove four races in the 1998 season and thus clinched four victories – in Canada, France, England and Italy. According to RM Sotheby’s, this is the most successful and only undefeated Ferrari chassis in Formula 1 history to have been used in at least three races. At the end of 1999, the previous owner bought it directly from Ferrari.

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