Home Gemological Institute of America Michael Schumacher’s profitable Ferrari up for public sale in Geneva – Life & Fashion

Michael Schumacher’s profitable Ferrari up for public sale in Geneva – Life & Fashion

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Michael Schumacher’s profitable Ferrari up for public sale in Geneva – Life & Fashion

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GENEVA: The Ferrari pushed to 5 race victories by Michael Schumacher throughout his World Championship-winning 2003 Method 1 season is being auctioned subsequent week in Geneva, public sale home Sotheby’s mentioned on Friday.

The pink ‘Chassis 229’ Ferrari raced by German world champion driver Schumacher 9 occasions may fetch as much as $9.4 million, in keeping with the sellers.

“It is … particular as a result of this automobile is among the solely 4 vehicles with greater than 4 wins within the Ferrari historical past and particularly with some of the expert driver of his era, Michael Schumacher,” mentioned Vincent Luzuy, government assistant to the director of RM Sotheby’s gross sales.

Sotheby’s suggestions largest blue diamond at public sale to fetch $48m

He mentioned the goal market had been race course patrons, because the 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 mentioned.

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

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