Schumacher's F2002 to be auctioned at Abu Dhabi F1 GPby Samarth Kanal on 18th June 2019
Michael Schumacher's dominant Ferrari F2002, in which he won his fifth championship, will be auctioned at the final grand prix of the season – could become most expensive F1 car ever at auction
Photos: Motorsport Images
Michael Schumacher’s Formula 1 championship-winning Ferrari F2002 will be auctioned at the 2019 Abu Dhabi Grand Prix on November 30.
The car, sourced from a private collector, is estimated to fetch $5,500,000 - $7,500,000 (up to £6m) at auction. That's double what Nigel Mansell's FW14B is estimated to fetch at the Goodwood Festival of Speed on July 5. And if it eclipses its upper estimate, the F2002 could beat the F2001's record for an F1 car at auction, set in 2017.
This auction – the first collaboration between F1 and RM Sotheby’s – will involve a parade down the start/finish line of Yas Marina Circuit before the various F1 cars present will be auctioned to wealthy bidders.
The chassis being auctioned is no219, taken to three wins in 2002: Imola, Zeltweg and Magny-Cours. The last race secured Schumacher’s fifth drivers’ championship with six races remaining.
At the hands of Schumacher, the F2002 took 11 victories in the 2002 season. Of course, that Ferrari domination attracted criticism, particular after the Austrian Grand Prix in which team-mate Rubens Barrichello was asked to step aside for Schumacher.
A portion of the millions that the F2002 will fetch go to the charity set up by Schumacher’s family – the Keep Fighting Foundation.
Also on sale will be a Ferrari F40 signed by Sebastian Vettel.
"We are delighted to come out of the gate for our inaugural auction in partnership with Formula 1 with such an amazing cornerstone consignment to the Abu Dhabi event," said RM Sotheby's car specialist Oliver Camelin.
"The Michael Schumacher F2002, chassis no219, 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 Formula 1 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 Formula 1 that will include an RM Sotheby’s presence at some of the most notable circuits around the world."