A collection of watches belonging to legendary former Formula 1 driver Michael Schumacher sold for around 4 million Swiss Francs at a Christie's auction in Geneva on Tuesday.

watches-05152024.jpg

Reuters

<div><strong></strong><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">A collection of watches belonging to legendary former Formula 1 driver Michael Schumacher sold for around 4 million Swiss Francs ($4.4 million) at a Christie&#x27;s auction in Geneva on Tuesday. </span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">The collection of eight watches, which include timepieces by the watchmakers Rolex, F.P. Journe and Audemars Piguet, were put up for sale by the Schumacher family.</span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">The F1 great in 2013 suffered a severe head injury in a fall while skiing.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="https://news.abs-cbn.com/sports/04/20/23/schumacher-family-plans-legal-action-over-fake-ai-quotes">Schumacher family plans legal action over fake AI quotes: ESPN</a></span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">A custom made F.P. Journe watch with an engraved messaged and given to Schumacher as a Christmas present by his Ferrari team principal Jean Todt sold for 1.5 million Swiss Francs ($1.6 million).</span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">A second customized watch, a Royal Oak watch by Audemars Piguet was sold for 400,000 Swiss francs ($441,000), beating its 150,000 to 250,000 franc estimate.</span><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"></span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap">Originally scheduled for Monday, the sale was delayed at short notice after Christie&#x27;s suffered a cyber attack.</span></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br/></div><div dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="https://news.abs-cbn.com/sports/2024/5/5/bianca-bustamante-clinches-her-first-podium-in-f1-academy-2024-in-miami-347">Bianca Bustamante clinches her first podium in F1 Academy 2024 in Miami</a></span><br/><span style="color:#000000;background-color:transparent;text-decoration:none;vertical-align:baseline;white-space:pre-wrap"><a href="https://news.abs-cbn.com/sports/01/14/24/zach-david-a-filipino-formula-driver-and-f1-dreamer">Zach David: A Filipino Formula driver and F1 dreamer</a></span></div><div><br/></div><div dir="ltr"><span><strong></strong><em>(Production: Cecile Mantovani)</em></span></div><div><br/></div><div><br/></div><div><br/></div><div><br/></div>

<p>A collection of watches belonging to legendary former Formula 1 driver Michael Schumacher sold for around 4 million Swiss Francs at a Christie's auction in Geneva on Tuesday. </p>

Watches belonging to Schumacher sell for over $4 million

Watches belonging to F1 great Schumacher sell for over $4 million

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Watches belonging to F1 great Schumacher sell for over $4 million

Reuters

Published May 15, 2024 12:48 PM PHT

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