Michael Schumacher’s F1 watches promote for £3.5m at public sale as care prices spiral

Michael Schumacher’s family have sold the F1 star’s watches at auction – as his medical costs continue to spiral.

Schumacher, 55, is one of the greatest F1 drivers to ever get behind the wheel. However, the German’s life was turned upside down after a skiing accident in 2013 left him in a coma – since then, his health has been shrouded in secrecy.

He’s reported to have received medical care costing as much as £115,000-a-week as his family and friends hope he can recover. That medical care includes a team of 15 nurses and doctors offering around-the-clock care for him.

READ MORE: ‘I chucked Bacardi and coke at Michael Schumacher during birthday party – it was chaos’

READ MORE: Michael Schumacher’s family auctioning off F1 star’s watch collection for £5m

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Eight watches belonging to the F1 icon were put on at auction in Geneva on Tuesday (14 May). Schumacher was an avid watch collector, and the timepiece that fetched the highest price was a vintage pink Patek Philippe that sold for $2,711,500 (£2,150,761).

While a custom platinum watch from F.P. Journe known as the Vagabondage 1 – which features an 18-carat white gold and a red watch face emblazoned with a Ferrari logo and Schumacher’s racing helmet – fetched $1,646,700 (£1,306,162).

What do you think of Michael Schumacher’s watches going to auction? Let us know in the comments section

Vagabondage 1
The Vagabondage 1 sold for over £1million

Former Formula One motor racing driver Michael Schumacher's "Audemars Piguet Royal Oak chronograph, 2003" is displayed during a Christie's media preivew on May 3, 2024, in New York City. Christie's will hold a "Rare Watches" auction in Geneva on May 13, 2024, which will feature eight watches from Schumacher's collection
There were two custom timepieces on offer on Tuesday

There was another custom watch at the auction on Tuesday afternoon – a white gold Audemars Piguet Royal Oak chronograph.

The white-faced watch also features Schumacher’s helmet and the iconic Ferrari prancing horse as well as six stars on the 30-minute counter to symbolise Schumacher’s six world championship wins up to 2003 – he would win his seventh the following season.

That watch sold for sold for $457,380 (£362,825).

Watches belonging to Michael Schumacher are on display during a preview at the Christie's, in Geneva, Switzerland, 09 May 2024.
Michael Schumacher’s were sold at auction on Tuesday

Former Formula One motor racing driver Michael Schumacher's "F.P. Journe Vagabondage 1, circa 2004" is displayed during a Christie's media preivew on May 3, 2024, in New York City
Michael Schumacher was an avid watch collector

In total, all eight watches sold for over £3.5million.

Remi Guillemin, Christie’s European watch head, revealed he had discussions with Schumacher’s family regarding selling the watches for the past two years.

He said the family made the decision to sell the watches to cater to collectors, Formula 1 enthusiasts and fans of the renowned driver.