Michael Schumacher's Ferrari 248 F1 car is set to hit the auction block at RM Sotheby's this November, with expectations suggesting it could fetch over $15 million, according to a report by Planet F1.

Michael Furman ©2024 Courtesy of RM Sotheby'sThe content Schumacher’s Ferrari 248 F1: A Racing Legend Set for Auction appears first here Magazine International

One of the final Ferrari F1 cars driven by Michael Schumacher is going up for auction, and is set to fetch an eye-watering price.

Haas, an American team that debuted in Formula 1 in 2016 and has been closely linked with Ferrari as a satellite team, stands to benefit hugely from Toyota's engineering and manufacturing experience. Ayao Komatsu, Haas's team principal, shared his enthusiasm about the partnership.

Komatsu was clear that the agreement with Toyota would have no bearing on the Ferrari relationship, which was extended to the end of 2028 in July. When talks with Toyota started earlier this year, he ensured total clarity and transparency with Ferrari, calling it the “foundation” of the Haas team.

Esteban Ocon decided to sign with Haas without knowing the Ferrari-powered team would go on to also announce a new alliance with Toyota. Ocon,