Historic Michael Schumacher chassis reaches €5m at auction
Michael Schumacher took the first of his 91 race victories at the 1992 Belgian Grand Prix.
The Benetton B192 chassis used by Michael Schumacher for his first Formula 1 race victory has sold at auction for just over €5million.
Schumacher claimed victory against a fearsome field at the 1992 Belgian Grand Prix, with the likes of Ayrton Senna, Nigel Mansell and Mika Hakkinen all in action on the day at Spa.
Famous Michael Schumacher chassis sells for €5m at auction
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The Williams of Nigel Mansell had been the dominant force through the 1992 season, so much so that the title was wrapped up with five races to spare.
The Briton started on pole at Spa, with the young Schumacher on the second row of the grid. Running third until two-thirds distance, with the weather having played its part in Belgium.
Having worn through his wet tyres, he pitted for slicks and was able to make headway – so much so that he undercut Mansell for the lead on a drying track.
An engine problem late on saw Mansell unable to close in on Schumacher, who would go on to win his first Grand Prix by 36 seconds in mixed conditions.
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Now, the Benetton that took him to victory has been sold at auction for a significant sum of €5,082,000 [£4.4m], after going under the hammer via Broad Arrow Auctions.
The Rory Byrne-designed B192-05 chassis took Schumacher through five races in the 1992 season, and had been retained by Benetton, which was later part of the Renault Classic collection – meaning the car had never been publicly sold before.
The auction house’s early estimates had put the predicted price of the car in excess of €8.5m [£7.4m], and the eventual sale price leaves the car narrowly outside the all-time top 10 most expensive Formula 1 cars to be sold at auction – though several Schumacher-driven Ferraris feature on that particular list.
Another Schumacher-driven Benetton, a B191 from the previous season, went under the hammer in Miami last year and fetched $775,000 [£570,000], proof of the increased value based on the history of the B192 placed for auction.
The highest price paid at auction for a Schumacher-driven car also came in 2025, when the Ferrari F2001 driven to Monaco Grand Prix glory secured £13.43million in Monte-Carlo – also putting it fourth in the all-time list.
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