Eight luxury watches belonging to auto racing icon Michael Schumacher were sold at a Geneva auction for nearly 4 million Swiss francs. The top piece was a watch given to Schumacher by former Ferrari CEO Jean Todt as a Christmas present in 2004.
Key Points
Watches sold for nearly 4 million Swiss francs in total
Top piece was a custom-made platinum timepiece from F.P. Journe given by former Ferrari CEO Jean Todt to Schumacher in 2004
Pros
Rare opportunity to own watches belonging to a legendary auto racing icon
Custom-made luxury timepieces with significant historical value
Cons
High prices may limit accessibility to the general public