Curated by RM Sotheby’s
In a landmark moment for the partnership, Sotheby’s is delighted to announce the addition of a 2001 Ferrari F2001 curated by RM Sotheby’s in the Contemporary Art Evening Auction on 16 November in New York. Unveiled during Sotheby’s Hong Kong Autumn Sales week at the HKCEC, the Ferrari F2001, chassis no. 211, is the most important modern Formula 1 race car and is amongst the most significant and valuable competition cars in any collection worldwide.
Formula 1 stands at the pinnacle of motorsport, combining the fastest, most technically advanced, and most valuable cars with top racing drivers—who famously combine talent and athleticism—all in front of the largest global audience of any of its contemporaries. The 2001 Ferrari F2001, chassis no. 211, is the definitive representation of the sport: 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 the greatest-of-all-time driver, Michael Schumacher—at the most important and prestigious automobile race in the world, the Grand Prix de Monaco.
The ultimate culmination of the Sotheby’s and RM Sotheby’s partnership, the presentation of the F2001 represents the first time a collector car will be offered at a Sotheby’s art auction since the two companies joined forces in February 2015. Contemporary Art is a dynamic combination of materials, methods, concepts, and subjects that challenge traditional boundaries, in much the same way as the Ferrari F2001 with its extraordinary combination of design and balance. The offering of a car of this unparalleled historical significance at one of the most important Contemporary Art sales of the year will bring together collectors of the world’s most sought-after pieces in both categories.
Grégoire Billault, Head of Sotheby’s Contemporary Art, New York, commented: “We are pleased to join Ferrari’s 70th anniversary celebrations by offering Michael Schumacher’s Grand Prix-winning Ferrari F2001 in November. Ferrari and Schumacher are the greatest names in motor racing, with a place in the public imagination that is synonymous with the highest achievements in the field. It is therefore entirely fitting that we offer the car that represents the pinnacle of that success alongside the great names in Contemporary Art such as Warhol, Basquiat, and Johns.”
“The Ferrari F2001 we are unveiling in Hong Kong is one of the most important and valuable modern Formula 1 race cars in history,” says Kenneth Ahn, President, RM Sotheby’s. “This very car secured Ferrari their 11th of a record 15 Formula 1 Constructors’ Championships and Michael Schumacher his fourth of an unmatched seven Drivers’ Championships, placing it among the best of the best in the world of motorsport. It is our great pleasure to offer this car during Ferrari’s 70th anniversary year, a year in which the legendary marque also won its first Monaco Grand Prix since Schumacher secured his final Monaco victory in 2001 in chassis 211. Fresh on the heels of our highly successful sale with Ferrari at their anniversary celebrations in Maranello, the unveiling of the F2001 in Hong Kong and its presentation in New York this November not only represent the first time RM Sotheby’s has displayed or offered a motor car as part of a Sotheby’s art sale, but also further evidence of RM Sotheby’s leadership in the market for important Ferraris at auction.”
The F2001, perhaps the ultimate iteration of “useable art,” can still today be piloted in historic racing and at full capability. Ferrari can house the car in Maranello and transport it worldwide for pre-arranged Corse Clienti events as well as private track days, where the next caretaker can enjoy the unique thrill of the car at speed in addition to tutelage from Ferrari’s own Formula 1 technicians, mechanics, and test drivers. The opportunity to acquire a Ferrari Formula 1 car that has been driven by Michael Schumacher does not arise often. A race-winning example is truly special, but a car that won two Grand Prixes and led the greatest Formula 1 driver and the most successful Formula 1 manufacturer to two World Championship titles is nothing short of sensational.
The Ferrari will be on view from Thursday, 28 September through Tuesday, 3 October during Sotheby’s Hong Kong Autumn Sales week alongside additional offerings from the November Contemporary Art Evening Auction. Following this display, the car will be on view as part of the historical exhibition honoring Ferrari’s 70th Anniversary at Rockefeller Center on 8 & 9 October, and then at Sotheby’s Manhattan headquarters from 3 November in advance of the Contemporary Evening Sale.
Chassis no. 211
- One of the most significant Formula 1 cars driven by the greatest of all time
- Raced by the legendary Michael Schumacher
- The car that secured the 2001 Constructors’ and Drivers’ Championships
- Winner of the Monaco and Hungarian Grand Prixes
- Unparalleled historical significance among modern racing cars
Chassis 211 played a hugely significant role in the remarkable, important 2001 season and is arguably one of the most historically important and valuable Formula 1 cars. This is the very car that was driven in anger in a trio of Grand Prixes, where Michael Schumacher courageously raced his way to the top of the field twice, most notably on the challenging streets of Monaco.
The car’s third and final competition would come at the Hungarian Grand Prix. Racing his way to the checkered flag, it was another historic victory for the remarkable partnership, earning Ferrari its 11th Constructor’s Championship and Schumacher his fourth Driver’s title.
The opportunity to acquire a Ferrari Formula 1 car that has been driven by Michael Schumacher does not come often. A race-winning example is truly special, but a car that won two Grand Prixes and led the greatest Formula 1 driver and the most successful Formula 1 manufacturer to World Championship titles is nothing short of sensational.
Chassis number 211 is amongst the most significant racing cars in any collection worldwide and is without a doubt the most important modern Formula 1 car in history.
Widely regarded as the greatest Formula 1 driver of all time, Michael Schumacher is the only driver to win seven Formula 1 World Drivers’ Championships, five of which he won consecutively with Ferrari from 2000 to 2004. His Formula 1 statistics speak for themselves – laps lead: 5,114. Fastest laps: 77. Pole positions: 68. Podium finishes: 155. Grand Prix wins: 91. World Championships: seven in all – the most ever to this day.
While there are many great Formula 1 drivers from throughout its storied history, it can be said that Michael Schumacher is, without a doubt, the greatest of all time.
GRAND PRIX DE MONACO
Run since 1929, the Monaco Grand Prix is one of the three most important and prestigious automobile races in the world; along with the Indianapolis 500 and the 24 Hours of Le Mans, it forms the Triple Crown of Motorsport. Held on the narrow public streets of Monte Carlo and La Condamine, the circuit is the tightest, most daring, and most technical event of the Formula 1 calendar. Though every team and driver strive to win the World Championship, simply winning Monaco is considered an achievement in and of itself.
Not to be overshadowed amongst the racing is the incredible wealth and allure surrounding the Grand Prix. From the sumptuously appointed superyachts in Port Hercules to Casino Monte-Carlo, glamour and prestige are in full view of the principality. No other race in the world can boast the luxuriant atmosphere that makes Monaco the greatest race on earth.
Michael Schumacher, second only to Ayton Senna, has won the Monaco Grand Prix an unbelievable five times: 1994, 1995, 1997, 1999, and 2001.
As the oldest and most successful Formula 1 team, Scuderia Ferrari has competed in every world championship since the inaugural season. “The Prancing Horse” has earned a world-record 16 Constructors’ Championships and 15 Drivers’ Championships in its storied career, by far besting any and all of its competitors. This sheer dominance of the sport has developed into a fierce brand loyalty. Its die-hard fans, Ferraristi, are some of the most passionate and supportive people, exhibited no more fondly than every Grand Prix race. Sergio Marchione, Ferrari’s Chairman and CEO, is on a mission to bring the World Championships back to Maranello.