Monaco winner sells for almost twice the estimate to become the most valuable modern-era F1 car sold at auction

Chassis #211 was the car in which Schumacher last won at Monaco, when polesitter David Coulthard stalled on the grid in 2001. That left the door open for Schumacher to stretch his title lead, and he eventually secured the championship with victory at Hungary – in chassis #211 – in August.

UPDATE: The car sold for $7,504,000, more than twice the price that a Schumacher F2004 sold for in 2005.

It was also the year Schumacher passed Alain Prost’s win record in F1. 

The car was sold as part of Sotheby’s New York ‘Contemporary Fine Art auction’ on November 16, without an engine, and is the first time a car has been sold by Sotheby’s in an art auction.

The expected sale price was in excess of $4 million…

Rockefeller Center’s Ferrari’s 70th Anniversary Celebration will host the car on October 8/9 before it moves back to Sotheby’s.