Medicine

Schumacher's Ferrari fetches £5.7m

Schumacher's Ferrari fetches £5.7m

The vehicle, chassis 211, was piloted by Schumacher to victory around the streets of Monaco, and also in Hungary, where he clinched the world title, his fourth of seven individual triumphs.

Michael Schumacher in action with the Ferrari F2001.

Sotheby's used its Contemporary Art Evening sale in NY to auction off this Ferrari F2001, driven in period by none other than seven-time F1 world champion Michael Schumacher.

He started on pole position and finished first, beating teammate Rubens Barrichello by 3.3 seconds to seal his fourth championship along with Ferrari's 11 Constructors' Title.

A few get sold at auction for a great cause - much like Michael Schumacher's Ferrari F2001 race vehicle which broke a record to become the most valuable modern era F1 auto ever sold at $7,504,000.

2001 Scuderia Ferrari Marlboro F2001
Schumacher's Ferrari fetches £5.7m

The racing auto is still fully functional.

The vehicle was bought not for its performance but rather the heritage that it possesses.

The chassis is also the one with which the German legend secured a win in the Monaco Grand Prix in the same season, which would turn out to be his final success in the Principality. That is a record for an F1 auto of the modern era. It is still driveable and it is also eligible for historic motor racing.

After a six-minute bidding war, the iconic F1 vehicle sold for £2.7 million more than expected. Let us know in the comments.

More news: First Ever Marijuana Overdose Death Kills 11-Month-Old Baby, Doctors Say


  • Sports retail stocks jump after upbeat earnings

    TheStreet downgraded shares of Hibbett Sports from a "c-" rating to a "d+" rating in a research note on Wednesday, September 6th. It improved, as 21 investors sold Hibbett Sports, Inc . shares while 47 reduced holdings. (NASDAQ: HIBB ) for 4,299 shares.
    Cabinet approves formation of National Anti-profiteering Authority under GST

    Cabinet approves formation of National Anti-profiteering Authority under GST

    Industry specialists, thus, seek detailed industrial guidelines by the GST Council . Only 50 items now attract tax rate of 28 per cent.
    Election Commission recognises Nitish Kumar-led group as JD(U)

    Election Commission recognises Nitish Kumar-led group as JD(U)

    It was a big respite to Nitish Kumar's faction after rebel leader Sharad Yadav had claimed that the symbol belongs to his faction. The petition in the election commission was filed by Gujarat JD (U) MLA Sharad Yadav supporter Chhotubhai Amarsang Vasava.
  • State, local unemployment rates hit almost  two-decade lows

    State, local unemployment rates hit almost two-decade lows

    Gains in manufacturing (+4,200) outweighed losses in construction (-1,100) and mining and logging (-100), the state reported. A TWC statement says Amarillo and Midland had the lowest unemployment rates in Texas last month at 2.4 percent.
    Goffin into semi-final at ATP Tour Finals

    Goffin into semi-final at ATP Tour Finals

    As a result the Goffin versus Thiem showdown has been lined up, and will take place on Friday with Federer watching in the wings. If there is another one, I will be focused on the next one. "The Davis Cup, I'm not thinking about the Davis Cup for the moment.
    Remy Ma and Lil Kim Drop 'Wake Me Up' Video

    Remy Ma and Lil Kim Drop 'Wake Me Up' Video

    Earlier this month, the rapper spoke with Zane Lowe about the collaboration , saying she wanted to salute a hip-hop legend. The chemistry between Remy and Kim is off the charts. "Wake Me Up" is all about celebrating Lil Kim's legacy.
  • Trading Scope: Following the Signals on Shares of Cheniere Energy (LNG)

    Trading Scope: Following the Signals on Shares of Cheniere Energy (LNG)

    BidaskClub upgraded Cheniere Energy from a "sell" rating to a "hold" rating in a research report on Saturday, November 4th. Parkside Bancorporation Tru holds 0% of its portfolio in Markel Corporation (NYSE:MKL) for 2 shares. (NYSEAMERICAN:LNG).
    United States  stocks open higher after two days of losses

    United States stocks open higher after two days of losses

    Walmart helped to lift United States markets on Thursday, after the retail giant reported stronger-than-expected quarterly sales. Data storage company NetApp vaulted 15.9 percent as investors applauded its quarterly results and forecasts.
    Spot Check on Stock With Abnormal Activity Diplomat Pharmacy, Inc. (NYSE:DPLO)

    Spot Check on Stock With Abnormal Activity Diplomat Pharmacy, Inc. (NYSE:DPLO)

    Municipal Employees Retirement System of MI raised its position in Diplomat Pharmacy by 4.9% during the second quarter. TheStreet upgraded Diplomat Pharmacy from a "d+" rating to a "c-" rating in a report on Thursday, August 10th.
  • Multi-Turn Valve Market Analysis with Inputs from Industry Experts 2017

    Multi-Turn Valve Market Analysis with Inputs from Industry Experts 2017

    The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. And development policies and plans are discussed as well as manufacturing processes and cost structures.
    Police investigating Mokena woman's death as homicide

    Police investigating Mokena woman's death as homicide

    She was reported missing Tuesday after being last seen early Monday at a bar in Joliet where she was a bartender. Hoffmeyer declined to provide any personal information about the individual until formal charges were issued.
    Aircraft and helicopter in 'mid-air crash' near Aylesbury

    Aircraft and helicopter in 'mid-air crash' near Aylesbury

    Police, the ambulance service and fire crews from Aylesbury, Haddenham, Oxfordshire and Berkshire are at the scene. Buckinghamshire Fire and Rescue Service said they now have seven fire engines responding to the incident.