Michael Schumacher’s watches fetch millions at auction

Eight watches from the collection of Formula One legend Michael Schumacher fetched four million Swiss francs ($4.4 million) at a Geneva auction.

The auction coincided with the 30th anniversary of his first F1 championship win. (Reuters)

2 min readMay 16, 2024 06:54 PM IST First published on: May 15, 2024 at 05:25 PM IST

Eight watches belonging to Formula One legend Michael Schumacher raked in four million Swiss francs ($4.4 million; €4.1 million) at an auction in Geneva on Tuesday.

The seven-time F1 champion was an avid watch collector. But he has not been seen in public since a serious skiing accident in 2013.

The watches were put up for sale by Schumacher’s family to coincide with the 30th anniversary of his first Formula One Drivers Championship win in 1994.

“Collectors were so happy to discover these timepieces filled with history,” said Christie’s Head of Watches in Europe, Remi Guillemin.

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What watches were auctioned?

The timepiece with the highest hammer price was a vintage pink Patek Philippe that sold for $2,711,500.