Schumacher’s first F1 championship car hitting auction block

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If you’ve got the cash, you can own a piece of Formula One history on Dec. 1, when the car that took Michael Schumacher to his first of seven World Driving Championships goes up for auction.

British auction house Bonhams is set to sell the 1994 Cosworth/Ford-powered Benetton B194, and it is expected that the car will fetch a price upwards of 600,000 GBP – or almost $1 million USD.

This won’t be the first valuable F1 machine that Bonhams has sold this year. Back in July, Juan Manuel Fangio’s 1954 Mercedes W196 was sold for 19.6 million GBP, which made it the most valuable motor vehicle ever sold at auction.

The B194-05 chassis that will be auctioned off Dec. 1 was used in the 1994 San Marino Grand Prix – known infamously as the race in which Formula One great Ayrton Senna lost his life. Schumacher won that race and went on to more wins in Monaco, Canada and France that year in the B194-05.

According to Bonhams, extensive recent engineering work on the car includes a restoration of its Cosworth/Ford Zetec engine, a new gearbox, and a paddle-shifting gear change system. Additionally, the lucky buyer will also receive a test drive of the B194 at its current base in Spain.

“Unlike so many other modern era Formula 1 cars, this one is complete, fully operational and effectively in race-ready condition,” said Bonhams Group motoring director James Knight in a release.

MRTI: Keith Donegan earns Mazda Shootout Scholarship

Photo: Indianapolis Motor Speedway, LLC Photography
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Dublin, Ireland’s Keith Donegan claimed a $200K scholarship from Mazda after emerging victorious at the second annual Mazda Road to Indy Shootout. The 20-year-old Donegan earned an at-large nomination for the scholarship based on his performance at this year’s Formula Ford Festival, in which he finished second in the final, and emerged from a pack of 17 drivers from across the globe to claim the scholarship.

“It really hasn’t hit me yet,” said an emotional Donegan, who earlier in his career actually spent two years away from racing as he focused on academics. “The weekend was really good and I enjoyed it. I have to say a huge thanks to Mazda and Cooper Tires and everyone at the Mazda Road to Indy. I enjoyed every moment. Throughout the weekend we were consistent and I kept the small things in check. I didn’t make any stupid mistakes and kept my head cool and that really paid off in the end.”

The two-day shootout was held at the Bondurant Racing School in Arizona and saw the nominated drivers tackle the school’s 1.6-mile circuit in Formula Mazda race cars before facing on and off-track assessments. Donegan was selected by a panel of judges that included former driver and current Verizon IndyCar Series TV analyst Scott Goodyear, Mazda drivers Tom Long, Andrew Carbonell, and Jonathan Bomarito, as well as Victor Franzoni – the current champion of the Pro Mazda Championship Presented by Cooper Tires – and Oliver Askew, the current champion of the Cooper Tires USF2000 Championship Powered by Mazda.

Donegan was humbled to be in the presence of drivers who have won scholarships and championships previously, and added that he is grateful to have the opportunity to continue his racing career.

“You see all these champions here today that will go on to great things in the future and I’m sure the names you see here today aren’t going to disappear,” Donegan added. “They will be back up there and I’m sure I will be racing them again some day. It is an unbelievable opportunity to be given and for Mazda to provide that for any young driver. It just gives that bit of motivation that you need because the [U.S.] is where you need to go to become a professional these days. It is such a boost to my career.”

Donegan is now slated to join the 2018 USF2000 championship, with further announcements regarding the team with whom he’ll be racing to come in the future.

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