In their spare time, Formula 1 drivers also drive 'normal' street cars, of course. For example, between January and July 2010, Michael Schumacher drove a Mercedes-Benz C63 AMG station wagon. This car was sold at auction last week. But the proceeds were a big disappointment.
Not in demand
At the auction, it was hoped to raise at least $110,000. But it turned out to be only the paltry sum of 27,600 euros. An amount for which the car could have been found on an average car site. A similar car can sometimes be found online for 25,000 pound. Apparently, the car of an F1 legend was not that popular.
This raises a few eyebrows: why is Michael Schumacher's car not worth over a lot more? According to the German Bild the reason is simple: although Schumi drove the car, it was not actually registerd in his name. The car was registered in the name of Mercedes-Benz in Switzerland.
Tesla in demand
Another car in which Schumacher was behind the wheel did better at the same auction. A Tesla Roadster in which the German raced during the Race of Champions in 2010 changed hands for 138,000 euros.
Yawn. Sir Hamilton made a healthy £7million profit after selling his rare Pagani Zonda supercar for £8.5m..
A Ferrari 355 owned by the Bulls would not reach the same value as a 355 owned by Jordan. It has nothing to do with Merc.
To add value to a car if it has any connections to a celebrity, there has to be a paper trail or documentation showing the celab’s name on it. In this case, Schumachers name doesn’t appear on the rego papers at all, just Mercedes company, so in years to come, what proof is there that there was even any connection? If the auction house has included photos of Schumacher driving the car and posing with it, that could have added a bit of a premium to the price.
Looks like a car owned by Mercedes is not worth alot. How the name is falling because of last season
"But it turned out to be only the paltry sum of 27,600 euros. An amount for which the car could have been found on an average car site. A similar car can sometimes be found online for 25,000 pound. Apparently, the car of an F1 legend was not that popular" It sold at market rate , is that not correct. Should it have sold for more ?
Popular on GPBlog
F1 Full Results | Japanese Grand Prix FP2: Piastri P1, Norris P2
FP3 at Suzuka: Will Verstappen and Red Bull turn their weekend around?
Longruns prove Verstappen right: Red Bull Racing has serious homework to do
