F1 News: Michael Schumacher collection to sell for over $4 MILLION at auction

Michael Schumacher celebrates winning a grand prix — Photo: © IMAGO

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Schumacher collection to sell for over $4 MILLION at auction

Michael Schumacher's F1 watch collection is going up for auction next month in Geneva

Yara Elshebiny

Friday 19 April 2024 03:00

Michael Schumacher's F1 watch collection is going up for auction next month ahead of the Emilia Romagna Grand Prix.

For over two decades, Schumacher's name was synonymous with F1 dominance. The German legend's illustrious career saw him claim an astonishing seven world championships, making him one of the greatest drivers of all time.

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However, tragedy struck in 2013 when a devastating skiing accident left him with severe head injuries. Since then, details of his condition have remained guarded by his family.

Despite the heartbreak of his accident, Schumacher's legacy remains firmly etched in F1 history.

The collection, to be sold by Christie's Auction House in Geneva on May 13th, is estimated to fetch a staggering total of $4 million.

Schumacher's stunning F1 watch collection up for auction

The star attraction of the auction is certain to be a one-of-a-kind Platinum Vagabondage 1, a gift to Schumacher from his former Ferrari boss, Jean Todt.

Christie's estimates that this watch alone could fetch a staggering sum, somewhere between $1.2 million and $2.2 million.

Another highlight is a personalised Audemars Piguet commissioned by Todt for Schumacher in 2003. This watch celebrates Schumacher's then-record six world titles and incorporates his signature red racing helmet. Estimated at $170,000 to $280,000, this piece is sure to be a hot ticket among collectors.

The third watch, the Rolex Daytona Paul Newman, is estimated to be between $230,000 and $440,000.

Rémi Guillemin, Christie's Head of Watches Europe and US, said:

"Christie’s expresses sincere thanks to the Schumacher family for their trust in us and their wish to share these masterpieces of horology with other passionate collectors around the globe.

"We are proud to present these iconic and unique timepieces belonging to one of the most celebrated Formula 1 legends. An exceptional moment, for watch and F1 enthusiasts alike. We are looking forward to meeting with passionate collectors during our international exhibitions and the auction on 13 May in Geneva."

Ferrari Michael Schumacher Emilia Romagna Grand Prix