Ferrari F2001 race car has been auction out at the Sotheby’s auction for $7.5 million making it the most expensive modern formula 1 car sold in an auction.

The F2001 was driven by Michael Schumacher and has been used by the race expert to win nine races in the 2001 formula one championship

The selling price of the F2001  beat modern F1 car – Ferrari F2004 which was sold for $3.2million for a record breaking auction.

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