In May 2020, Italian supercar maker Ferrari soared to a $30 billion market value, beating the top three major US automakers. Compared to GM, Ford, and Fiat-Chrysler, Ferrari is a small carmaker known for limiting production and only makes about 10,000 units per year.
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70th anniversary
Video: Michael Schumacher’s Legendary Ferrari comes to auction
Michael Schumacher’s Ferrari F2001-the most important modern Formula 1 race car in existence-will be offered as a major highlight of Sotheby’s Contemporary Art Evening Auction on 16 November 2017 in New York.
70th anniversary
In pictures: Monaco Grand Prix winning Ferrari F2001 to be auctioned in New York
Michael Schumacher’s Monaco Grand Prix winning Ferrari F2001 will be offered at Sothebys Contemporary Art Evening Auction on 16 November in New York, the first collector car ever to be offered in a Sothebys art sale.