Michael Schumacher has THIRD Ferrari sold off at auction for £5m…with iconic F1 collection worth whopping £17m

FORMULA ONE legend Michael Schumacher’s legendary Ferrari has been sold at auction for £5million. The German’s iconic car from 1998 has a 100 per cent winning record, the only car to ever be used more than three times and win every race. Schumacher, 53, won all four races in this version of the F300. However, that was not enough to win that year’s title as Schumacher was beaten by Mika Hakkinen. In second place was Schumacher’s 2001 car used in the Monaco Grand Prix that hit the £6million mark. Schumacher himself has a £7million car collection that includes a rare Ferrari he drove in F1 worth £2.8million.

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