8 watches owned by F1 great Michael Schumacher fetch over $4M at auction in Geneva

Eight watches belonging to auto racing icon Michael Schumacher sold Tuesday for nearly 4 million Swiss francs ($4.4 million) at a Geneva auction, Report informs via AP.

The top piece in the sale, organized by Schumacher’s family, was a watch given to the German racing superstar by former Ferrari CEO Jean Todt as a Christmas present in 2004. The hammer came down at a price of 1.2 million francs, or 1.5 million including the buyer’s commission.

That was well within the pre-sale estimate range of 1-2 million francs.

The custom-made platinum timepiece from F.P. Journe, the Vagabondage 1, features 18-carat white gold, a red watch face and images of a Ferrari logo, Schumacher’s racing helmet and a “7” — to honor his seven World Championship victories.