CNN

The Ferrari with which Michael Schumacher won his sixth Formula 1 world title has broken auction records to become the most expensive F1 car in history.

The F2003-GA sold for $14.9 million at a Sotheby’s auction in Geneva, Switzerland on Wednesday, nearly doubling the previous record for an F1 car when Schumacher’s F2001 fetched 7.5 million dollars in 2017.

According to Sotheby’s, Schumacher recorded five race wins, two podiums and three pole positions in the F2003-GA. That season, the German finished just two points ahead of Kimi Räikkönen in the championship standings to claim the sixth of his seven world titles.

“Formula 1 cars of this quality and provenance rarely come to market, and this car in particular is the best of the best,” said Augustin Sabatié-Garat, EMEA sales director at Sotheby’s.

“We are delighted that it has reached a world record price for such a car, as it really reflects the importance of this chassis.

The car is ready to drive after Schumacher’s son Mick – who races for the Haas F1 team – completed a shakedown at Ferrari’s Fiorano test track ahead of the sale.

In winning his sixth world title, Schumacher surpassed Juan Manuel Fangio’s record and then won his seventh title the following year – a number equaled by Lewis Hamilton in 2020.

Schumacher, 53, continues to undergo rehabilitation following a brain injury sustained in a skiing accident in December 2013, with his family keeping updates on his health to a minimum.

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