Auctionata to Sell Driver Michael Schumacher’s Legendary Formula One Ferrari

Artnet News September 22, 2015 ShareShare This Article

Now is your chance to snap up some historic Ferraris that are headed to the auction block. Berlin-based Auctionata will present a “Ferrari Only” auction on September 26, in which 27 models from the Italian manufacturer will be on offer at estimated prices up to $1.3 million.

One star lot is a Formula One car formerly driven by retired German racer Michael Schumacher. The Formula One champion won the 1997 Japanese Grand Prize in Suzuka with the Ferrari F310B. The starting bid for the car is €650,000 ($727,610). Other hot rods such as the 2006 FXX, 1999 F355 Challenge, and the 2001 360 N GT, also seek new homes.

The sale’s highest expected price tag is borne by a burgundy 1965 Ferrari 275 GTB/2 Shortnose, which has a high estimate of €1.2 million ($1.3 million). One of just 240 that were produced, the car has been fully restored, but retains the original chassis, engine, body, and transmission. The body has been painted a dark red, a hue that was included in the official Ferrari palette from 1964 to 1967.

Not only are these vintage automobiles beautifully designed and crafted, they may even enhance your financial portfolio more than paintings and sculptures: according to a report last year, vintage cars had overtaken art as a luxury asset.

Here’s a look at some of the machines on offer.