GENEVA, Nov 4 (Reuters) – The Ferrari pushed to 5 race victories by Michael Schumacher throughout his World Championship-winning 2003 System 1 season is being auctioned subsequent week in Geneva, public sale home Sotheby’s stated on Friday.

The pink “Chassis 229” Ferrari raced by German world champion driver Schumacher 9 occasions might fetch as much as $9.4 million, based on the sellers.

“It is … particular as a result of this automobile is without doubt one of the solely 4 automobiles with greater than 4 wins within the Ferrari historical past and particularly with one of the expert driver of his technology, Michael Schumacher,” stated Vincent Luzuy, govt assistant to the director of RM Sotheby’s gross sales.

He stated the goal market have been race course patrons, for the reason that automobile is “track-ready”, in addition to artwork collectors.

Sotheby’s can be presenting eight uncommon “Fancy Blue” diamonds valued at greater than $70 million. This color is the best doable color grading for blue diamonds and is awarded to not more than 1% of blue diamonds submitted to the Gemological Institute of America, Sotheby’s stated.

“This can be very uncommon and to have a group of eight it’s tremendous thrilling,” stated jewelry specialist at Sotheby’s Geneva, Marie-Cécile Cisamolo. The diamonds might be provided at public sale in Geneva, New York and Hong Kong and the primary one might be provided within the Swiss metropolis on Nov. 9.

Reporting by Cecile Mantovani and Denis Balibouse; Writing by Emma Farge; Modifying by Alison Williams

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