Legendary Formula 1 driver Michael Schumacher’s watch collection is going on

CNN
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Eight of Formula One legend Michael Schumacher’s luxury and personalized watches are going up for auction – and they could sell for more than $4.8 million in total.

The rare timepieces will be exhibited in New York from May 3 to May 5, the weekend of the Miami Grand Prix, ahead of the auction in Geneva, Switzerland, on May 13, according to auction house Christie’s.

Schumacher’s family holds an array of watches collected by the champion driver over the years and, “more recently, they decided to part ways with specific watches of the collection, where they believed watch collectors would be able to appreciate the true value of the pieces,” Christie’s head of watches Remi Guillemin told CNN Thursday.

“We’re really just extremely happy to have these watches and to have been able to collaborate with the family,” he added.

The collection will form part of Christie’s traditional rare watches auction, consisting of vintage and modern pieces of high-caliber watchmaking from brands such as Audemars Piguet, F.P. Journe and Rolex.

Standout pieces include Schumacher’s platinum F.P. Journe Vagabondage 1, which holds almost half the estimated value of the entire collection, with an expected sale price of up to $2.2 million.

Meanwhile, a Rolex stainless steel Paul Newman Daytona watch is expected to sell for up to $440,000 and Schumacher’s Audemars Piguet Royal Oak watch is expected to sell for up to $280,000.

The Rolex watch was named after the Daytona International Speedway in Florida, according to Guillemin, who described the timepiece as “one of the most iconic watches that Rolex ever made.”

The white gold Royal Oak chronograph was commissioned as a personalized gift for the seven-time F1 World Championship winner from his early mentor and former Ferrari CEO Jean Todt, according to the auction house.

Presented to Schumacher at…