F1 News: Insane Michael Schumacher Memorabilia Part Of Las Vegas GP Auction

The F1 legend's signed memorabilia from the 2003 Italian Grand Prix is for sale.

As Formula 1 drives into Las Vegas this weekend, an auction hosted by RM Sotheby's will be held on Friday, November 17, at the Awakening Theatre within the Wynn Las Vegas Hotel. Up for grabs are some cool Formula 1 collectibles which include Michael Schumacher's racing suit from 2003 and Lewis Hamilton's Mercedes W04 F1 car from 2014. 

As the world's fastest racing meets the world's entertainment capital this weekend, Formula 1 fans have the chance to get their hands on some of the sport's key memorabilia, as artifacts worth millions of dollars are up for grabs. 

From the many unique items, here are some of the available lots.

First in line is a signed Michael Schumacher racing suit which he wore during the Italian Grand Prix on September 14, 2003, in Monza- a race he won with flying colors. Schumacher's feat in Italy marked his fourth consecutive championship win with Ferrari. The legendary race overalls are expected to be sold for up to $25,000.

Up for grabs next is the iconic Mercedes W04 car, guided by Hamilton to triumph at the 2014 Hungarian Grand Prix. The car carries considerable significance in Hamilton's path to becoming the most accomplished F1 driver in history, boasting a record of 103 victories. The anticipated price range for the W04 is between $10 million and $15 million.

This would be the first Mercedes F1 car driven by Hamilton to be offered for sale to the public. RM Sotheby’s global head of private sales Shelby Myers stated the importance of the Mercedes W04 and the value the precious car holds. He stated:

"Driven by Formula 1's most successful driver and sporting icon, Lewis Hamilton, this car delivered his very first win in a Mercedes F1 car, signalling the beginning of the marque's most dominant period: the Hamilton-Mercedes dynasty.

"This pairing can only be compared to Jordan and the Bulls, Brady and the Patriots, or Messi and Argentina.

"Given the unparalleled lineage and being the sole example outside of Mercedes' origination publicly available, the pairing of Lewis and the W04 elevates it beyond just a Formula 1 car.

"This undeniable piece could emerge as one of the most coveted collectibles in the foreseeable future."

RM Sotheby's Auction

An autographed NFL jersey worn by Tom Brady during his tenure with the Tampa Bay Buccaneers is also available for auction. This jersey was worn on January 16 this year, marking Brady's last game in the NFC Wildcard Playoffs against the Dallas Cowboys. It is anticipated to command an impressive auction price of $2,500,000.