55
55
2001 Ferrari F2001
Estimate
Irrevocable Bids
Lots with this symbol indicate that a party has provided Sotheby’s with an irrevocable bid on the lot that will be executed during the sale at a value that ensures that the lot will sell. The irrevocable bidder, who may bid in excess of the irrevocable bid, will be compensated based on the final hammer price in the event he or she is not the successful bidder or may receive a fixed fee in the event he or she is the successful bidder. If the irrevocable bidder is the successful bidder, the fixed fee (if applicable) for providing the irrevocable bid may be netted against the irrevocable bidder’s obligation to pay the full purchase price for the lot and the purchase price reported for the lot shall be net of such fixed fee. If the irrevocable bid is not secured until after the printing of the auction catalogue, a pre-lot announcement will be made indicating that there is an irrevocable bid on the lot. If the irrevocable bidder is advising anyone with respect to the lot, Sotheby’s requires the irrevocable bidder to disclose his or her financial interest in the lot. If an agent is advising you or bidding on your behalf with respect to a lot identified as being subject to an irrevocable bid, you should request that the agent disclose whether or not he or she has a financial interest in the lot.
Guaranteed Property
Guaranteed Property. The seller of lots with this symbol has been guaranteed a minimum price from one auction or a series of auctions. If every lot in a catalogue is guaranteed, the Conditions of Sale will so state and this symbol will not be used for each lot.
4,000,0005,500,000
LOT SOLD. 7,504,000 USD
JUMP TO LOT
55
2001 Ferrari F2001
Estimate
Irrevocable Bids
Lots with this symbol indicate that a party has provided Sotheby’s with an irrevocable bid on the lot that will be executed during the sale at a value that ensures that the lot will sell. The irrevocable bidder, who may bid in excess of the irrevocable bid, will be compensated based on the final hammer price in the event he or she is not the successful bidder or may receive a fixed fee in the event he or she is the successful bidder. If the irrevocable bidder is the successful bidder, the fixed fee (if applicable) for providing the irrevocable bid may be netted against the irrevocable bidder’s obligation to pay the full purchase price for the lot and the purchase price reported for the lot shall be net of such fixed fee. If the irrevocable bid is not secured until after the printing of the auction catalogue, a pre-lot announcement will be made indicating that there is an irrevocable bid on the lot. If the irrevocable bidder is advising anyone with respect to the lot, Sotheby’s requires the irrevocable bidder to disclose his or her financial interest in the lot. If an agent is advising you or bidding on your behalf with respect to a lot identified as being subject to an irrevocable bid, you should request that the agent disclose whether or not he or she has a financial interest in the lot.
Guaranteed Property
Guaranteed Property. The seller of lots with this symbol has been guaranteed a minimum price from one auction or a series of auctions. If every lot in a catalogue is guaranteed, the Conditions of Sale will so state and this symbol will not be used for each lot.
4,000,0005,500,000
LOT SOLD. 7,504,000 USD
JUMP TO LOT

Details & Cataloguing

Contemporary Art Evening Auction

|
New York

2001 Ferrari F2001
The Michael Schumacher Monaco Grand Prix-Winning, 2001 Ferrari F2001
Formula 1 Racing Car
Chassis 211
Read Condition Report Read Condition Report

Catalogue Note

The mere notion of grand prix racing, to enthusiasts and laymen alike, evokes images of gallant and fearless drivers, advanced racing machinery, with high-pitched engine wails reverberating off the pit walls and tarmacs of the world’s most famous racetracks. This is Formula 1 racing – the absolute pinnacle of motorsport achievement for any driver, for any team, for any manufacturer… and within that ultra-competitive crucible there is only one event that truly matters – the Monaco Grand Prix. The stakes simply cannot be any higher and victory here is akin to motorsport immortality, as thousands of adoring fans witness the standing start on city streets, the blast uphill, past the famous Casino and the legendary hotel hairpin before roaring through the tunnel and emerging into the spectacular harbor, lined with cocktailing glitterati aboard the harbor’s superyachts. This is, without exception, the most glamorous, revered and inimitable motorsport competition in the world and a must-attend event of the international social calendar.

The culmination of such visceral excitement and indeed years of practice and career development is an award ceremony, overseen by Monaco’s royal family, patrons of the race, with magnums of champagne and wreaths bestowed on the winner – an iconic image enjoyed by only one talented driver per year, of which surely none is more famous than Michael Schumacher himself – a man of such physical and mental discipline, that his professional achievements may never be bested, including 7 world championships and 91 victories in 306 F1 starts. He is not only the winningest racing driver of all time but also the most successful, well compensated and wealthiest athlete of any sport.

The F2001 racing car presented is the embodiment not only of Schumacher’s racing career but also the Monaco grand prix in particular, for which this was the very same car driven to victory in 2001 – a victory that Ferrari did not repeat until just this year when Sebastian Vettel won in late May. The 2001 season was lauded by journalists and enthusiasts alike as the “golden era” of grand prix racing, most importantly because of the delicious V-10 engines mandated for use – glorious three-liter powerplants, capable of up to 900 horsepower and nearly 19,000 rpm, emitting symphonies of internal combustion the likes of which organized motorsport had never heard before, and likely may never again. Stunning, aesthetically curious car bodies, molded in carbon fibre and space-age compounds, shaped in windtunnels and almost impossibly svelte – at once exhibiting the engineer’s precision and the artist’s imagination.

By contrast, Formula 1 racing as it is today limits the displacement of engines down to 1.6-liters, which went from V-8 powerplants down to turbocharged six-cylinder units. Retrospectively, however, the turn of the new century in Formula 1 was very much reminiscent of Can-Am racing of the 1970s… blisteringly fast speeds and fewer regulations that permitted engineers to push the physical boundaries of what engines, cars and drivers were capable of delivering, all with the end result of producing the most extraordinary racing spectacles the world has ever seen. Consider for a moment the raucous cacophony of nearly 20,000 horsepower racing their way uphill, after the smoky, tire-burning start, wheels merely inches apart, dangerously close to the limit, averaging over 100 mph… Schumacher is in the lead, driving chassis 211, the very car presented here, and his teammate Rubens Barrichello is directly behind him. Lap by lap, the perfection that is Schumacher’s driving is repeated over and over, as he shaves mere milli-seconds off his times, expertly hitting the apex of every turn precisely as he should.

Thousands of hours of design and development and hundreds of employees, supported by hundreds of millions in sponsorship dollars – such is the effort required to compete at this level of grand prix racing. And it all comes down to less than two hours in the world’s most glamorous sporting event – an all-out street race through the roads of Monte Carlo, in 78 laps, with merely inches to spare between success and failure. After all, with less than half a second separating the first four qualifying positions, ultimate victory is a matter of perfection, from the bespoke Bridgestone tire compounds to the driver’s fitness regimen. Following his victory at Monaco, Schumacher drove chassis 211 to the checkered flag once more at Hungary – a seminal victory as he clinched the Driver’s Championship for Ferrari with 4 races still to go, cementing Ferrari its 11th Constructor’s Championship. This F2001, then, is a car of tremendous historic importance to the driver, the enthusiast, the grand prix circuit and indeed the brand that is the black Prancing Horse of Maranello. After warm-up and qualifying stints at Barcelona, Montreal, the Nürburgring, Magny-Cours, Spa-Francorchamps and Monza, this was very the same chassis driven to victory at both Monaco and the Hungaroring. In this regard, then, it is unequivocally the perfect car, driven by the perfect driver in a perfect performance to achieve the greatest glory imaginable in a driver’s career – victory at the Monaco Grand Prix and therefore the title of Formula 1 World Champion. If ever there was a motor car from the contemporary golden era of performance to own, this is it.

Contemporary Art Evening Auction

|
New York