Luxury Watches Auction of Michael Schumacher

SOURCE www.foxnews.com
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