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.
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.
Remi Guillemin, head of watches for Europe and the Americas for auction house Christie’s, declined to identify the buyer, but said that five watches in the Ruthenium collection — a boxed set — were purchased by the same buyer.
While most of the eight watches sold within the pre-sale estimates, an Audemars Piguet featuring a Ferrari prancing horse emblem, sold for a hammer price of 330,000 francs — well above the top of the expected range at 250,000.
The sale of Schumacher watches, which garnered a total of more than 3.1 million francs at the hammer price, was timed for the 30th anniversary of his first Formula One Drivers Championship win in 1994.
The watches, which were taken to New York and Taipei for showings before the sale, were part of a larger auction of luxury timepieces to go under the hammer on Tuesday at Christie’s in Geneva.
Schumacher, who retired from F1 in 2012, shares the record for most F1 titles with British driver Lewis Hamilton.
In December the following year, Schumacher fell while skiing in the French Alpine resort of Meribel and suffered a near-fatal brain injury.
Since being transferred from hospital in September 2014, he continues to be cared for privately at a family home in Switzerland.
8 watches owned by F1 great Michael Schumacher fetch more than $4m at auction in Geneva
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8 watches owned by F1 great Michael Schumacher fetch more than $4m at auction in Geneva
- 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
- Remi Guillemin, head of watches for Europe and the Americas for auction house Christie’s, declined to identify the buyer
Saudi world champion Yazeed Al-Rajhi crowned winner of Desafio Ruta 40 Rally
- Al-Rajhi’s win marks 4th round of the World Rally-Raid Championship
- ‘It was a long and fierce battle … This victory is well-deserved for me and the team,’ says Al-Rajhi
CORDOBA, Argentina: World champion Yazeed Al-Rajhi has become the first Saudi and third non-Argentinian driver to win in Argentina since 2010 after he was crowned the 2024 Desafio Ruta 40 Rally winner on Friday.
The Saudi driver’s win marks the fourth round of the World Rally-Raid Championship, said in a media statement.
Al-Rajhi and his German co-driver Timo Gottschalk finished first by just 13 seconds. They recorded a total time of 17 hours, 38 minutes, and 21 seconds over six days on rough, technical gravel tracks between June 1-7.
“Winning by just seconds is an incredible feeling. It was a long and fierce battle, and I led skillfully every day. This victory is well-deserved for me and the team,” said Al-Rajhi.
“I am delighted with this win. I thank God for this victory … It’s great to be back in Argentina. Last year, I finished third, and today I won the second edition of the Desafio Ruta 40 Rally,” he added.
Co-driver Gottschalk said: “It wasn’t for the faint-hearted. Yazeed fired another rocket in the final kilometers, overcoming every challenge. It was truly outstanding driving. We are thrilled with this victory and definitely deserve the upcoming summer break.”
The Saudi champion secured victories in two of the five stages, finishing second in the remaining three, accumulating valuable points that placed him second in the W2RC standings after the Argentine rally.
The team’s remarkable performance leaves them just 25 points behind the leader, with the competition remaining open until the final round in Morocco in October.
The rally began with a prologue in Cordoba, where Al-Rajhi secured second place. After that, he dominated the first loop stage. In the second stage, the longest at 724 km, he maintained his overall lead. The third stage, a 451-km loop, saw the team perform brilliantly, keeping their lead.
The fourth stage in La Rioja, covering 676 km, was extremely tough, but Al-Rajhi drove cautiously to avoid any issues, finishing the stage still in the lead.
In the final stage, he faced a thrilling challenge, with only one second separating him from his closest competitor in the provisional standings. Ultimately, Al-Rajhi and Gottschalk won by 40 seconds, securing a brave victory.
Covering a total distance of 3,045 km, including 1,917 km of special stages, the Desafio Ruta 40 Rally is one of the most prestigious and challenging rallies in Latin America.
FIA showcases future-focused F1 regulations for 2026 and beyond
- “Today, the FIA is defining a hugely exciting future for the pinnacle of motorsport,” FIA President Mohammed Ben Sulayem said
- The 2026 regulations are set to be officially ratified by the World Motor Sport Council on June 28
CANADA: The Federation Internationale de l’Automobile showcased on Friday a more competitive, safer and sustainable future for the F1 World Championship with the presentation of the technical regulations that will define the sport from 2026 onwards.
“Today, the FIA is defining a hugely exciting future for the pinnacle of motorsport with the launch of a comprehensive new set of regulations for the 2026 FIA Formula One World Championship and beyond,” FIA President Mohammed Ben Sulayem said.
Developed in consultation with the FIA Formula 1 technical working groups and formulated in collaboration with F1, the sport’s 10 teams, original equipment manufacturers and power unit manufacturers, the regulations were revealed in Montreal ahead of this weekend’s 2024 FIA Formula 1 Canadian Grand Prix.
The 2026 regulations are set to be officially ratified by the World Motor Sport Council on June 28, 2024.
“Following the publication of 2026 power unit regulations two years ago we have taken the opportunity to redefine the chassis regulations to match the energy requirement of the new power units,” Ben Sulayem said.
“Collaborating with our partners at Formula 1 and with the assistance of the sport’s 10 teams and all our stakeholders, this represents a unique revision that will ensure our premier championship is even more relevant to what is happening in the world,” he said.
The power unit regulations had resulted in a record number of PU manufacturers committing to the sport, according to the FIA president.
“And now, in tandem with chassis regulations that provide for lighter, more agile cars featuring innovative aerodynamic solutions, we have created a set of regulations designed to not only improve racing but also to make the championship even more attractive to PU manufacturers, OEMs and existing competitors.
“The key features of the 2026 F1 Regulations are advanced, sustainability technology and safety. Our aim, together with Formula 1, was to produce a car that was right for the future of the sport’s elite category. We believe we have achieved that goal,” he said.
Saudi’s Al-Rajhi sets his sights on victory at Desafio Ruta 40 Rally in Argentina
- The second edition of the rally will run until June 7
CORDOBA: Saudi World Champion Yazeed bin Mohammed Al-Rajhi is gearing up for the second edition of the Desafio Ruta 40 Rally in Argentina, the fourth round of the 2024 FIA World Rally Raid Championship (W2RC), set to take place in the northwestern region of the country.
The rally will traverse the provinces of Cordoba, San Juan and La Rioja over six days from June 1-7.
Navigating alongside him will be German navigator Timo Gottschalk, his partner since the Abu Dhabi Rally 2023, both competing aboard a Toyota Hilux EVO T1U from the Overdrive Racing team based in Belgium.
This year’s routes are entirely new, including passages through Cordoba and San Juan, which are new additions to the race.
Al-Rajhi is targeting victory in this year’s Argentine leg after finishing third in the previous edition despite the challenging terrains. These routes were previously used in Dakar Rally stages when Argentina hosted the competition from 2009-2018.
The Desafio Ruta 40 Rally, which first launched in 2010 and ran for nine years before resuming in Argentina last year as part of the World Long Distance Desert Rally Championship, consists of five stages, three circular, preceded by a 17-km qualifying stage. The rally then moves westward through La Rioja, concluding with a total distance of 3,045 km. Known for its rugged and challenging terrains, the Argentine rally resembles the Dakar Rally with its varied landscapes of gravel, open sand and high dunes.
Named after Argentina’s famous Route 40, the rally will traverse the iconic road, the longest in South America and one of the longest globally, alongside Route 66 in the US.
“I’m very excited to return for the second edition of Desafio Ruta 40,” said Al-Rajhi. “The first edition was tough and full of challenges, yet we managed to secure top positions. Let’s see what awaits us this season.
“Argentina is not unfamiliar to us; I first competed here in the Dakar Rally in 2015 aboard a Toyota Hilux, with Timo as my navigator at the time,” he added.
Al-Rajhi expressed his delight at racing in Argentina, saying: “I enjoy competing here; it feels like home. I have a great fan base supporting me since 2015. The fans here are amazing, always supporting us and loving motorsport. So, we’re always happy to come racing in Argentina.”
Al-Rajhi extended special thanks to his strategic partner, Jameel for Motorsport, for their support and sponsorship in his global and regional rally endeavors.
German navigator Timo Gottschalk also revealed his optimism about the championship season, noting the upcoming challenge with Al-Rajhi.
“We face a new challenge this year; the first edition was extremely tough, yet enjoyable. We need to be cautious and hope for success in this round,” Gottschalk said.
Ferrari’s Charles Leclerc wins first home F1 Monaco Grand Prix
- McLaren’s Oscar Piastri followed the man from Monaco across the line with Carlos Sainz in the other Ferrari in third
MONTE CARLO: Charles Leclerc finally broke his Monaco Grand Prix curse on Sunday as Red Bull had an off weekend with Max Verstappen sixth and Sergio Perez crashing out on the first lap.
Leclerc ended years of frustration at his home race by taking the jewel in the Formula One calendar from pole at his third attempt.
A tearful Leclerc said: “No words can explain this. It means a lot, it’s the race that made me dream of becoming a F1 driver.
“Tonight is going to be a big night!“
McLaren’s Oscar Piastri followed the man from Monaco across the line with Carlos Sainz in the other Ferrari in third.
Leclerc had started at the front of the grid at the circuit he used to travel along on the bus to school as a kid in 2021 and 2022 only for misfortune to stop him winning on both occasions.
With Ferrari now a much smoother run ship under Fred Vasseur this was a far slicker Ferrari team than then, and Leclerc dictated the pace perfectly from the front, until the end of the first lap.
That was when the red flag had to come out to stop the race after a three car pile-up with Perez’s Red Bull ripped apart.
Perez spun after being hit hard from behind by Kevin Magnussen’s Haas.
Nico Hulkenberg in the other Haas was a third innocent casualty.
The race on the narrow streets of the Principality was interrupted for around 30 minutes to allow debris to be cleared off the circuit.
All three crash victims were missing at the restart along with Alpine’s Esteban Ocon, who joined this unhappy group of onlookers after he was forced to retire following a tangle with his team-mate Pierre Gasly.
Leclerc escaped all the drama and led for the rest of the race to claim a hugely popular success.
With three-time world champion Verstappen only sixth, Leclerc moved to within 31 points of the Dutchman ahead of the Canadian Grand Prix in a fortnight’s time.
Leclerc claims Monaco pole to end Verstappen’s record sequence
- It brought Leclerc his third Monaco pole position and ended Verstappen’s run of seven straight poles this year
- Three-time world champion Verstappen struggled for Red Bull after hitting the barriers on his final fast lap
MONACO: Ferrari’s Charles Leclerc snatched pole position at his home Monaco Grand Prix on Saturday, as championship leader Max Verstappen could only finish sixth fastest.
The 26-year-old Monegasque driver, who has never managed a podium finish at his home race, clocked a best lap of one minute and 10.270 seconds to outpace Australian Oscar Piastri of McLaren by 0.154 seconds.
It brought Leclerc his third Monaco pole position and ended Verstappen’s run of seven straight poles this year and a record-equalling eight in succession, shared with three-time champion Ayrton Senna.
Three-time world champion Verstappen struggled for Red Bull after hitting the barriers on his final fast lap.
“It was so nice,” said a relieved Leclerc after a tense and thrilling qualifying.
“I’m really happy about my lap. The excitement was so high, but I know from the past that qualifying is not everything. The win is the target.”
Leclerc’s Ferrari team-mate Carlos Sainz was third ahead of Lando Norris in the second McLaren, Mercedes’ George Russell and Verstappen.
“It was close,” said Piastri. “If you took the second half of my first lap and the first half of my second one it would have been enough for pole!“
Sainz added: “I’ve struggled all weekend with confidence in the car so it’s an improvement. I just wish I was fighting for pole.”
Seven-time champion Lewis Hamilton was seventh in the second Mercedes ahead of RB’s Yuki Tsunoda, Alex Albon of Williams and Pierre Gasly of Alpine.
In near-perfect Riviera conditions with sunshine and temperatures of 48 degrees celsius on the track and 21 in the air, Hamilton led Russell and the rest out of the pits.
As the Mercedes ran two preparatory laps, it was Tsunoda on top for RB before Hamilton took command only for the rapidly-tumbling times to deliver Verstappen, Kevin Magnussen and Nico Hulkenberg on top, the two Haas drivers retaining their positions until Russell took over.
Leclerc, disappointed by Ferrari’s decision to delay his entry, was 13th before he recorded a fast lap to go top in 1:11.653, a tenth clear of Magnussen and Hulkenberg.
In a fiercely-contested session, Hamilton jumped to second, but Perez was 14th and Norris 18th with only a minute remaining before, in a frantic finish to Q1, the Briton climbed to safety, but Perez was out along with Alonso.
The Mexican was 18th making an early exit for the second year running along with the two-time champion, in his Aston Martin, Williams’ Logan Sargeant, Valtteri Bottas and his Sauber team-mate Zhou Guanyu.
“We’ve struggled all the way through,” said Perez. “It is so tight, the margins I thought I could make the top five.”
Norris was first out for Q2, but Sainz swiftly went quickest ahead of Verstappen in another tight tussle with barely a second separating the top 14 and the Alpines suddenly flying, Gasly claiming a place in Q3 in fifth. “Let’s go, let’s go!” he cried.
Piastri, looking confident, then clocked a 1:10.756 only to be beaten by team-mate Norris as the McLarens took control ahead of Leclerc and Russell before another busy finale saw Esteban Ocon of Alpine, Hulkenberg, Daniel Ricciardo of RB, Lance Stroll in the second Aston Martin and Magnussen eliminated.
Sainz was first out for the top ten shootout, followed by Hamilton who clocked 1:10.975, an impressive lap that was blown away immediately by Leclerc in 1:10.418, a lap nine-tenths faster than Verstappen’s pole time last year.
The Dutchman’s first timed lap left him third after losing time in the final sector. “Still the same issues in Turns Five and Ten,” he reported.
As conditions continued to improve, Sainz and Verstappen chose to run again on a traffic-free lap, the rest following.
Hamilton improved to take fourth, but Russell beat him and then Verstappen glanced a barrier before Leclerc improved to 1:10.418 to take a dramatic pole ahead of Piastri, the Italian team’s 250th pole position in Formula One.
