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The Times of India
The Times of India
World
TOI World Desk

Schumacher Watch Auction Proceeds: Rare F.P. Journe leads CHF 4m sale; cyber attack delays bidding

Michael Schumacher Audemars Piguet Rolex Christie Ferrari Jean Todt Geneva

Luxury timepieces belonging to seven-time Formula One world champion Michael Schumacher were sold for around CHF 4 million ($4.4 million), as reported by Reuters. Held at the prominent Christie’s auction in Geneva, the high-profile event was organized directly by the racing icon’s family. Collectors from across the Americas bid on the watches. The May 2024 sale was timed to coincide with the 30th anniversary of Schumacher's historic first Formula One Drivers' Championship victory back in 1994.

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