Cover The sought-after Ferrari F300, the most successful Formula 1 racing car for the Italian auto giant, will be put on auction by RM Sotheby's.

The sought-after Ferrari F300, the most successful Formula 1 racing car for the Italian auto giant, will be put on auction by RM Sotheby's. Here's everything we know about it

Chassis 187, one of the most significant Ferrari F1 cars in existence, will be put on auction by Sotheby's. It was utilised during the 1998 Formula One World Championship season, piloted to four victories at the hands of German driver Michael Schumacher.

The Ferrari F3000, specifically Chassis 187, took its first of four stunning race victories at the Canadian Grand Prix in Montreal's Circuit de Gilles Villeneuve. Using this vehicle, Schumacher claimed victory as he was the fastest lap with a massive 16-second lead off the runner-up.  

Schumacher and Chassis 187 continued their successful relationship at the next two races, scoring victories in France and Britain. With these three consecutive victories, Scuderia Ferrari vaulted back up in the standings and into serious contention against McLaren-Mercedes for both the Drivers’ and Constructors’ titles. A few weeks after the winning streak, Schumacher scored his 33rd career win behind the wheel of chassis 187 when he crossed the finish line at the Italian Grand Prix.

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Rare and forever tied to one of racing’s all-time greatest legends, this car is the only undefeated chassis to run at least three races.

The Scuderia retained chassis 187 until September 1999, when it was then sold directly and privately to the previous owner in the same race-used condition in which it remains today, and in their 23 years of ownership, Chassis 187 has been remarkably preserved as it has never been restored or altered from its as-raced condition. It remained shielded from the public during this time and will be publicly offered for sale in Monterey for the first time in its history—providing an unrepeatable opportunity.

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Having been wonderfully preserved in its racing condition under the vendor's ownership since being purchased from the Scuderia Ferrari team in 1999, experts believe it will sell between USD6million and USD8million (PHP333,957,000.00 to PHP445,276,000.00) when it goes to the block in August.

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