In the ultimate culmination of the auction house partnership, the F2001 was curated by RM Sotheby’s for the
Contemporary Art Evening Sale, representing the car’s first presentation for public sale as well as the first
automobile ever offered in a Sotheby’s art auction. The Ferrari was sold before an enthusiastic audience, with
spirited bidding both in the room and from Sotheby’s Contemporary Art and RM Sotheby’s specialists
representing clients from each collecting segment on the phones. The car eventually sold to a private collector
on the telephone for a final $7,504,000, more than doubling the previous record for a modern era Formula One
car at auction.
One of the most historically important contemporary race cars, the F2001, chassis no. 211, is the definitive
representation of Formula One: the car that secured the 2001 Constructors’ and Drivers’ Championships for
the oldest and most dominant team in the category—Scuderia Ferrari, piloted to victory by arguably the
greatest-of-all-time driver—Michael Schumacher, at the most important and prestigious automobile race in the
world—the Grand Prix de Monaco.
A portion of proceeds from the sale of the car will be donated by the former owner to Michael Schumacher’s
Keep Fighting Foundation. Keep Fighting seeks to channel the positive energy received by Michael
Schumacher and the Schumacher family as a force for good in the world in achieving cultural and social
benefits. Additional information on Keep Fighting’s efforts and activities is available at keepfighting.ms.
Tonight’s Contemporary Art Evening Sale brought a total of $310.2 million with 96 percent of lots sold. That
represents a 12 percent year-on-year increase and is the fourth consecutive New York Contemporary Evening
sale with a sell-through rate of over 90 percent. It was led by Francis Bacon’s Three Studies of George Dyer,
which achieved $38.6 million at its auction debut.
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