8 Watches of F1 Driver Michael Schumacher Fetch More Than $4 Million at Christie’s Auction

Julia Schneemann
Michael Schumacher on the hill.
Michael Schumacher and his wife Corinna in the moutains prior to the ski accident. | Image: Reuters

Eight watches that were part of former Formula 1 car racer Michael Schumacher’s collection were auctioned at Christie’s in Geneva, Switzerland, on May 13 for nearly CHF 4 million ($4.4 million). Michael Schumacher suffered a life-altering Traumatic Brain Injury (TBI) during a ski accident in Meribel, France, in December 2013 and has not been seen in public since. Schumacher is being cared for in the privacy of his home in Switzerland and his exact condition is unknown.

Related: 10-Years After Michael Schumacher’s Ski Accident Family Auctions 8 Watches

The eight watches previously owned by Michael Schumacher were part of a more extensive watch auction by the famous auction house Christie’s. Prior to the auction, the watches went on a global tour with stops in New York and Taipei before going under the hammer on Tuesday at Christie’s in Geneva.

The highest bid went to a Platinum Vagabondage 1 by F.P. Journe, a small luxury watchmaker in Geneva, which sold for CHF 1.2 million ($1.5 million). The custom-made watch was a gift to Schumacher by former Ferrari CEO Jean Todt. It features a red watch face with Ferrari insignia and has a personalized engraving on the back dedicated to Schumacher. Another watch, an Audemars Piguet featuring a Ferrari prancing horse emblem, sold for CHF 330,000 ($366,426).

While Christie’s’ did not reveal the buyers’ identities, the auction house did confirm that a box set of five watches in the Ruthenium collection went to the same buyer.

This F.P. Journe watch was a gift from Jean Todt, former CEO of Ferrari and President of FIA, to Michael Schumacher for Christmas 2004. | Image: Christie’s Website
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