Michael Schumacher’s Ferrari set to sell for $8 million at auction

Michael Schumacher finished as runner-up in the 1998 championship to Mika Hakkinen.

The Ferrari chassis that guided Michael Schumacher to three consecutive victories in 1998 is set to go up for sale in August.

1998 was Schumacher’s third season with the Scuderia after he signed in 1996 having just won the title two years on the trot with Benetton.

It took until 2000 for him to win his first championship in red, and that was preceded by four seasons of relentless work from the German, team-mate Eddie Irvine, and the whole Maranello workforce to finally bring the title back to Italy.

Mika Hakkinen went on to win the championship in 1998, a year before he added his second and final crown to his tally as McLaren dominated the championship.

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The now seven-time champion took six victories over the course of the season, but that was not enough to stop the Flying Finn from taking the title by 14 points.

Three of those six wins came consecutively with the F300’s #187 chassis – the only three races it was used in.

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The run started at the Canadian Grand Prix, which he started third behind the McLaren pair of David Coulthard and Hakkinen, before the now 53-year-old went on to take victory, joined on the podium by Giancarlo Fisichella and Irvine.

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He added another to his win column three weeks later in France as he led home a Ferrari one-two having started second behind Hakkinen, who was beaten to second by 0.2 seconds by Irvine.

Schumacher would start the British Grand Prix from pole one round later, and he dominated to take victory ahead of Hakkinen by over 20 seconds.

That chassis is set to go up for sale in Monterey next month as part of RM Sotheby’s sale, and it is expected to go for $6-$8 million.