As we reported in September, the offering of Michael Schumacher's 2001 Ferrari F1 at Sotheby's Contemporary Art Evening Auction on November 16 was potentially a landmark in automotive auction history. While the jury is still out on whether other cars will follow this previously untried and unconventional sales venue, the US$7,504,000 fetched by the Ferrari in Manhattan a few hours ago suggests more automotive auction market upheaval is to follow.
.. Continue Reading Michael Schumacher's Ferrari F2001 sells for $7.5 millionCategory: Automotive
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