The F1 championship-winning Ferrari F2002 is going to be auctioned off later this year at the Abu Dhabi Grand Prix!

How? What? Why?

This crazy news comes from the RM Sotheby’s auction scheduled for later this year at the grand finale of the 2019 F1 Season in Abu Dhabi. The auction, which is a product of the collaboration between Formula One and RM Sotheby (a classic car auction company) in an effort to provide passionate F1 fans and collectors a chance to own their own piece of the prestigious motorsports’ history.

One of the cars to be auctioned off is Michael Schumacher’s Ferrari F2002, a car that at the time was the fastest F1 car ever. It dominated the Formula One 2002 season where it won 15 of the 17 races that year, 9 one-two finishes and 10 pole positions. Michael Schumacher was the victor of a whopping 11 of those Grand Prix.

The Ferrari F2002: A brief history lesson

During the 2002 F1 season, the Drivers’ Championship quickly became a battle for second place as Michael Schumacher finished first or second in every race except for the Malaysian Grand Prix, where he finished third, thus achieving a podium position in every race. He won a then-record 11 Grands Prix, surpassing the previous record of 9 wins, jointly held by himself and Nigel Mansell.

The German would also set the record for shortest time in which the World Drivers’ Championship had been clinched, securing the title with a win at the French Grand Prix, with 6 races to go in the season. Schumacher took the Drivers’ Championship by a then-record 67 point margin over teammate Rubens Barrichello, beating his own previous record for the 2001 season (58 points over David Coulthard) and also gained a new point total record with 144 points.

Quick Specs

The Ferrari F2002 was an absolute monster of a machine, powered by a 900 bhp 90-degree 3L V10. The Ferrari Tipo 051/B/C engine was very light compared to its predecessor, in the Ferrari F2001, and a low centre of gravity which handed itself to the amazing handling of the car. The chassis being auctioned is No.219, the same chassis Michael Schumacher used in the 2002 French Grand Prix where he won the title that year.

Post Retirement

After it’s incredible racing career, the no.219 Ferrari F2002 was used for testing for the rest of the season and since has been owned by multiple private collectors and is now in the hands of RM Sotheby’s, who estimate the car will definitely blast past it’s previous sale figure of $2,255,000 (for the no.220 chassis) due to its monumental history.

RM Sotheby has also said that “a percentage” of the proceeds will be going to the Keep Fighting Foundation which is a charity inspired by the great champion, Michael Schumacher.

The auction is set to take place on the 30th of November 2019, so don’t miss it!

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