Michael Schumacher’s winning Ferrari at auction in Geneva


GENEVA, Nov 4 (Reuters) – The Ferrari driven by Michael Schumacher to five race wins in his world championship-winning 2003 Formula One season will go up for auction next week in Geneva, the racing house said on Friday. Sotheby’s auction.

The red Ferrari “Chassis 229” driven nine times by world champion German driver Schumacher could fetch up to $9.4 million, according to sellers.

“It’s… special because this car is one of only four cars with more than four wins in Ferrari history and especially with one of the most talented drivers of his generation, Michael Schumacher,” said Vincent Luzuy, executive assistant to the director of sales at RM Sotheby’s.

He said the target market is racing buyers, since the car is “ready for the track”, as well as art collectors.

Sotheby’s is also presenting eight rare “Fancy Blue” diamonds worth over $70 million. This color is the highest possible color grading for blue diamonds and is assigned to no more than 1% of blue diamonds submitted to the Gemological Institute of America, Sotheby’s said.

“It’s extremely rare and having a collection of eight is super exciting,” said jewelry specialist at Sotheby’s Geneva, Marie-Cécile Cisamolo. The diamonds will be offered at auction in Geneva, New York and Hong Kong and the first will be offered in the Swiss city on November 9.

Report by Cécile Mantovani and Denis Balibouse; Written by Emma Farge; Editing by Alison Williams

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