Michael Schumacher’s 2002 F1 title-winning Ferrari car will be auctioned during Abu Dhabi GP in association with RM Sotheby’s.
F1 announced a partnership with leading auction company RM Sotheby’s in March, with their first big auction was said to take place at Yas Marina Circuit during the 2019 Abu Dhabi GP on November 30. Further details of the sale has been revealed by F1 now.
The major attraction of the auction will be the seven-time F1 champion Schumacher’s 2002 title-winning Ferrari F2002 car. Schumacher secured his fifth world championship driving the #219 chassis F2002 car in 2002, with 11 wins and podiums in all the 17 races.
In a fine gesture, F1 added that a portion of the proceeds from the sale will be donated to Schumacher’s Keep Fighting, Never Give Up Foundation. The non-profit foundations have been established by his family, as the German continues his battle through injuries.
In addition to the F2002, a low-mileage 1990 Ferrari F40 sportscar will also be up for grabs, which will be signed by four-time F1 champion Sebastian Vettel. The auction will take place on the first floor Paddock Club, overlooking the main straight.
The cars on sale will be paraded down the start/finish straight as well, just before the auction starts. Kate Beavan, Director of Hospitality and Experiences at F1 said: “We are very excited to announce Michael Schumacher’s 2002 Championship winning Ferrari as the star lot to be auctioned off at the season finale in Abu Dhabi.
“Together with the Ferrari F40 signed by World Champion Sebastian Vettel, our first ever auction hosted with RM Sotheby’s is already shaping up to be a spectacular occasion. Fans, Paddock Club guests, and bidders will have an incredible opportunity to get up close with these iconic cars and share in the excitement as they are auctioned off.
“We are proud to be able support Michael Schumacher’s Keep Fighting Foundation with proceeds from the sale.” Meanwhile, Oliver Camelin, Car Specialist, RM Sotheby’s added: “We are delighted to come out of the gate for our inaugural auction in partnership with F1 with such an amazing cornerstone consignment to the Abu Dhabi event.
“The Michael Schumacher F2002, chassis no. 219, is truly special; it represents one of the last Rory Byrne-designed, V10 era cars and was like a guided missile in acquiring wins on route to a Championship won with sheer racing dominance.
“As a result, it remains as one of the most dominant F1 racing cars in history and is fittingly joined by the ultimate in Ferrari supercars in the virtually as-new Ferrari F40. As we proceed with considering consignments for the Abu Dhabi auction we look forward to an exciting year in partnership with F1 that will include an RM Sotheby’s presence at some of the most notable circuits around the world.”
F1 teams up with Sotheby’s to hold cars auction in Abu Dhabi