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Formula 1

Record Formula 1 Auction Sales: What the Prices Mean

Notable F1 auction results, including the W 196 R Streamliner and Schumacher’s F2001. Understand chassis identity, premiums and currency comparisons.

Allan Bartholomew•Updated
Formula 1History
The Mercedes-Benz W196 R Streamliner that set the world record at auctionsource: RM Sotheby's

A famous model name is only the start of an auction story. Collectors need to know which chassis is being sold, its documented race history and what the headline price includes. This is a guide to notable published results and how to read them, rather than an investment forecast.

Mercedes-Benz W 196 R Streamliner, 2025

RM Sotheby's reports €51,155,000 for its W 196 R Streamliner sale in Stuttgart on 1 February 2025. The auction page identifies the car and provides the sale terms.

The enclosed-wheel body distinguishes this example visually from the open-wheel W 196 R sold at Goodwood. Comparing the two simply as “a Mercedes F1 car” misses the identity and history of each lot.

Mercedes-Benz W 196 R with enclosed-wheel Streamliner bodyworksource: RM Sotheby's
Mercedes-Benz W 196 R with enclosed-wheel Streamliner bodywork

Mercedes-Benz W 196 R open-wheel, 2013

Goodwood's Bonhams partnership announcement records the £19.6 million sale at the 2013 Festival of Speed.

This belongs among the major historic results. An earlier version of this guide placed it below lower dollar-equivalent sales; that numbered ranking has been removed. Cross-currency comparisons need a stated exchange date and consistent treatment of premiums.

An open-wheel Mercedes-Benz W 196 Rsource: Goodwood Festival of Speed
An open-wheel Mercedes-Benz W 196 R

Ferrari F2001 chassis 211, 2025 and 2017

Sotheby's account of the 2025 sale gives €15,980,000 for Michael Schumacher's F2001 chassis 211 in Monaco. The same chassis had previously sold for US$7,504,000 in New York in 2017, documented in Sotheby's year-end selection.

These are two transactions involving one car. They should not be presented as separate chassis in a top-five list, or used on their own to claim that all Formula 1 cars rise in value.

Ferrari F2001 chassis 211source: RM Sotheby's
Ferrari F2001 chassis 211

Ferrari F2003-GA chassis 229, 2022

Sotheby's 2022 review reports US$14,873,327 for the F2003-GA sold during Geneva Luxury Week. Consult the auction documentation for its original-currency result and fee basis.

The chassis identity and its connection to Schumacher's 2003 championship season are more useful than treating the model name alone as a valuation.

Michael Schumacher’s Ferrari F2003-GAsource: Sotheby's
Michael Schumacher’s Ferrari F2003-GA

How to compare the results

CheckWhy it matters
Chassis numberSeparates different cars and repeat sales
Sale date and currencyPrevents misleading present-day conversions
Hammer bid or final totalPremiums can change the reported figure
Provenance and conditionA race-winning history needs documentary support
Included equipment and supportThe car alone may not be ready to operate

Auction results describe an individual transaction. They do not establish the cost of running the car, guarantee another buyer or predict a future sale price.

For a way to see historic machinery without buying it, our museum guide compares five destinations.

Sources and further reading

Frequently asked questions

What was the W 196 R Streamliner sale result?

RM Sotheby’s reports €51,155,000 for the Stuttgart sale on 1 February 2025.

Were the 2017 and 2025 Ferrari F2001 sales different cars?

Both concern chassis 211. They are separate transactions involving the same car.

Is a reported sale price always the hammer bid?

No. Check the auction house’s result definition and buyer premium before comparing figures.

Does a record price prove F1 cars are an investment?

No. A result concerns one car and does not predict resale value or account for operating costs.