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Schumacher's Iconic Watch Collection Hits Auction Block, Valued at $4.8M+

Michael Schumacher's revered watch collection, comprising eight luxurious timepieces, is poised to make waves at Christie’s auction.
PUBLISHED APR 20, 2024
Cover Image Source: Former German racing driver Michael Schumacher | Getty Images | Photo by Quinn Harris
Cover Image Source: Former German racing driver Michael Schumacher | Getty Images | Photo by Quinn Harris

In a highly anticipated event for watch enthusiasts and Formula 1 aficionados alike, the exclusive collection of watches belonging to renowned racing driver Michael Schumacher is set to go under the hammer, per CNN. Eight meticulously crafted timepieces, each bearing the mark of Schumacher's distinguished taste and style, are poised to fetch a staggering sum, potentially exceeding $4.8 million in total. The announcement comes as auction house Christie’s revealed plans to showcase these rare horological treasures in New York from May 3 to May 5, coinciding with the electrifying atmosphere of the Miami Grand Prix weekend. The exhibition will serve as a precursor to the main event, the auction scheduled to take place in Geneva, Switzerland, on May 13, 2024.

Former German racing driver Michael Schumacher throws a ceremonial first pitch before the game between the Chicago Cubs and the Miami Marlins | Getty Images | Photo by Quinn Harris
Former German racing driver Michael Schumacher throws a ceremonial first pitch | Getty Images | Photo by Quinn Harris

Remi Guillemin, Head of Watches at Christie's, expressed his enthusiasm about the collaboration with Schumacher's family, stating, "We're really just extremely happy to have these watches and to have been able to collaborate with the family." Shedding light on the decision to part ways with certain pieces from Schumacher's cherished collection, Guillemin emphasized the desire to ensure that these exceptional timepieces find homes where their true value can be appreciated by discerning collectors. The collection holds not only monetary worth but also sentimental value, representing a tangible connection to the illustrious career and remarkable legacy of Michael Schumacher, whose influence transcends the world of motorsports. As the countdown begins to the auction date, anticipation mounts among enthusiasts eager to own a piece of history associated with the legendary Formula 1 driver.

The upcoming auction at Christie’s will feature an eclectic mix of vintage and contemporary timepieces, blending the artistry of traditional watchmaking with the allure of modern craftsmanship. Among the prestigious brands represented, including Audemars Piguet, F.P. Journe, and Rolex, Michael Schumacher's esteemed collection will take center stage. A standout highlight of the auction is Schumacher's platinum F.P. Journe Vagabondage 1, a masterpiece valued at nearly half the total estimated worth of the collection. Anticipation surrounds this remarkable piece, with experts projecting a sale price of up to $2.2 million. Another noteworthy offering is a stainless steel Rolex Paul Newman Daytona, expected to fetch as much as $440,000. Named in homage to the iconic Daytona International Speedway in Florida, this timepiece is hailed by Remi Guillemin as one of Rolex's most iconic creations.

Pexels | Photo by Pixabay
Pexels | Photo by Pixabay

Adding to the allure, Schumacher's Audemars Piguet Royal Oak watch is anticipated to command a price of up to $280,000, reflecting both its intrinsic value and its association with the racing legend's distinguished taste. As enthusiasts and collectors eagerly await the auction, the spotlight shines on these exceptional timepieces, each bearing a unique story and contributing to the rich tapestry of horological history. The white gold Royal Oak chronograph holds a special significance in the legacy of Formula 1 icon Michael Schumacher, commissioned as a personalized gift by his early mentor and former Ferrari CEO, Jean Todt. This intimate gesture was revealed by the auction house overseeing the sale.

Presented to Schumacher during the festive season of 2003, the watch commemorates his remarkable achievements, symbolizing the six World Championship victories he had secured at that juncture. Adorned with intricate details, the timepiece features a 30-minute register dial encircled by six stars, alongside depictions of Ferrari's iconic prancing horse emblem and Schumacher's signature red racing helmet. Describing the watch as truly unique, Remi Guillemin remarked, "It's a unique watch. When you see the watch from afar, you just know that it's something special and that it speaks to Michael Schumacher."

Pexels | Photo by hassan mehdi
Pexels | Photo by hassan mehdi

The platinum Vagabondage 1 watch, another gift from Jean Todt, held a significant place in Michael Schumacher's collection, bestowed upon him the following Christmas. While sharing similar features with the Royal Oak chronograph, this exquisite timepiece boasts a striking red dial adorned with symbols representing Schumacher's historic seventh Championship victory with Ferrari. Notably, a prototype of this remarkable watch was auctioned in 2003, with proceeds benefiting the Paris Brain Institute (ICM) Foundation, an organization co-founded by Schumacher and Todt, as disclosed by the auction house.

"These watches (are) for people who are following Formula One, who have followed, like I have, Michael Schumacher when he was racing. It's just a true piece of memorabilia and history – and, on top of that, these two watches are important for watchmaking," remarked Remi Guillemin, highlighting the significance of these timepieces beyond their association with Schumacher's illustrious career. Since his tragic skiing accident in 2013 resulting in severe head trauma and a subsequent brain injury, Schumacher has remained out of the public eye. However, his wife, Corinna, provided insights into their life in a 2021 Netflix documentary, stating, "We live together at home. We do therapy. We do everything we can to make Michael better and to make sure he's comfortable."

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