Winning Formula: Michael Schumacher's Five-Victory Ferrari From 2003 F1 Season Drives Auction Estimate Near $10M - The Scene

It’s fast and it’s furious.

Michael Schumacher’s five-time winning “Chassis 229” Ferrari from his World Championship 2003 Formula 1 season could soon fetch up to $9.4 million.

READ ALSO: Circuit To City: The World’s First F1 Arcade Is Opening In London

Sotheby’s, which will auction the racecar in Geneva, expects F1 fans to race for the bid.

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

The Sotheby’s representative said the target market consists of both race course buyers and art collecters who are hot on the vehicle’s tracks.

The red Ferrari is already “track-ready,” adding to its luxury marketable appeal.

Schumacher even raced the said vehicle a total of nine times, according to the auction house.

Banner Photo by RM Sotheby’s via website.

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