Michael Schumacher Monaco Grand Prix-winning Ferrari F2001 Sells for Record $7,504,000 at Sotheby's Contemporary Art Evening Sale
November 17, 2017 by RM Sotheby's![Michael Schumacher Monaco Grand Prix-winning Ferrari F2001 Sells for Record $7,504,000 at Sotheby's Contemporary Art Evening Sale](images/articleimages/rm_sothebys-schumacher-f2001-01-400.jpg)
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In just a few short weeks, RM Sotheby's returns to Manhattan for its third New York auction on 6 December. Entitled ICONS, the sale celebrates the cutting edge of automotive design and is part of a weeklong celebration of auctions and events, entitled 'A Life of Luxury', surrounding the newly established Sotheby's Luxury Division. Opening on 30 November, 'A Life of Luxury' is one of the most unique auction events of its kind, offering clients and enthusiasts an unparalleled experience at the heart of the auction world spread across jewels, watches, wine, fashion, and of course—cars. For further information on RM Sotheby's and upcoming events, please visit www.rmsothebys.com. 1. Results are listed in USD and include 12 percent buyer's premium for the Ferrari 2001. All other lots in the Contemporary sale include a buyer's premium of 25 percent of the hammer price up to and including $300,000, 20 percent of any hammer amount in excess of $300,000 up to and including $3,000,000, and 12.9 percent of any hammer amount in excess of $3,000,000. 2. The previous auction record for a modern era Formula One car was $3,198,500 for a Michael Schumacher-driven Ferrari F2004 sold at Sotheby's Maranello sale in 2005. FOR MORE NEWS FROM RM SOTHEBY'S Visit: www.rmsothebys.com Follow: www.twitter.com/rmsothebys Join: www.facebook.com/rmsothebys Watch: www.youtube.com/rmauctionsinc About RM Sotheby's RM Sotheby's is the world's largest auction house for investment-quality automobiles. With more than 35 years' experience in the collector car industry, RM's vertically integrated range of services, from private treaty sales and auctions to estate planning, and financial services, coupled with an expert team of car specialists and an international footprint, provide an unsurpassed level of service to the global collector car market. In February 2015, RM formed a strategic partnership with Sotheby's, uniting the two companies for the full calendar of future automobile auctions. For further information, visit www.rmsothebys.com.
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