Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
272
nda:
Needmore seats to Win
Needmore seats to Win
upa:
»
1-min read

Michael Schumacher's 2001 Ferrari Auctioned at Sotheby's For $7.5 Million, Sets Record

The German racing legend has not been seen in public since suffering serious head injuries in a skiing accident in 2013. His record of seven titles and 91 career victories remains unchallenged.

AFP Relaxnews

Updated:November 18, 2017, 1:15 PM IST
facebookTwittergoogleskypewhatsapp
Michael Schumacher's 2001 Ferrari Auctioned at Sotheby's For $7.5 Million, Sets Record
he seven-time world champion's 2001 Ferrari F2001 sparked furious bidding, roaring past its pre-sale estimate of $4-5 million at Sotheby's flagship post-war and contemporary November evening art sale. (Photo: AFP Relaxnews)
Loading...
Michael Schumacher's Grand Prix-winning Ferrari sold for $7.5 million in New York, setting an auction record for a modern-era Formula One car, Sotheby's said.

The seven-time world champion's 2001 Ferrari F2001 sparked furious bidding, roaring past its pre-sale estimate of $4-5 million at Sotheby's flagship post-war and contemporary November evening art sale.

It put the buzz into a night that otherwise fell short of the dizzying heights reached by Christie's selling a painting of Christ attributed to Leonardo da Vinci for a record $450.3 million.

Sotheby's said it was the first time that a rare automobile was included in an art auction and the decision appeared popular.

The sleek, low-slung, fire-engine red vehicle may not have been a work of art, but Gregoire Billault, senior Sotheby's vice president, called it "the very best racing car ever sold at an auction."

The German racing legend has not been seen in public since suffering serious head injuries in a skiing accident in 2013. His record of seven titles and 91 career victories remains unchallenged.

When it came to the art, Sotheby's headline lot, a Francis Bacon triptych of the artist's lover sold for $38.6 million, well within its estimate of $35-45 million.

The auction record for a Bacon triptych is his "Three Studies of Lucian Freud" which sold for $142.4 million at Christie's in 2013.

Sotheby's other standout Thursday was an iconic 1972 Andy Warhol portrait of the founder of Communist China, Mao Zedong, which sold for $32.4 million, the auction house said.

Exhibited in Berlin, Turin and Paris, the painting had not previously been on public display since 1974.

The other 10 "Mao" paintings of the same size are in prestigious collections, including the Andy Warhol Museum in Pittsburgh.

Also Watch:

(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Manav Sinha
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results