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.
Gabby Chaves is set to return to the IMSA WeatherTech SportsCar Championship at Watkins Glen International later this month.
The Columbian-American driver, who last competed in IMSA in 2016 – with the DeltaWing outfit – will sub for the injured Joao Barbosa – he hurt his wrist in a cycling accident earlier in June – in the No. 5 Mustang Sampling Racing Cadillac DPi-V.R in the Sahlen’s Six Hours of the Glen.
Chaves will partner Filipe Albuquerque and Christian Fittipaldi in the No. 5 Cadillac.
Chaves expressed gratitude for being asked to fill in, but kept his enthusiasm muted, noting that he is getting the opportunity ultimately because another driver got hurt.
“The first thing is of course that you never want to have an opportunity because someone got hurt, so this is an unfortunate circumstance with Joao having his injury,”said Chaves. “But I appreciate the opportunity to join the championship-leading team. Mustang Sampling Racing has had a strong start this year and hopefully I can help the team continue to have those kinds of results.”
Chaves added, “I love Watkins Glen, it is a great track and I am looking forward to racing the Cadillac Prototype there. I’m excited to be going back to endurance racing. With different classes all racing at the same time, there is a lot for the driver to deal with as you work through traffic. So I am looking forward to racing at the Glen again, and I really appreciate this opportunity with Mustang Sampling Racing.”
Chaves’ most recent IMSA event was the 2016 Sahlen’s Six Hours of the Glen, when he finished seventh in the Prototype class.
The No. 5 Action Express Cadillac currently sits tied with the sister No. 31 Whelen Engineer Racing Cadillac of Eric Curran and Felipe Nasr atop the IMSA standings, though Barbosa’s hopes of a driver’s championship are set to take an enormous hit with him missing Watkins Glen.