ANKARA: Seven-time Formula 1 world champion Michael Schumacher's Ferrari F2003-GA car was sold for US$14.8 million at an auction in Geneva on Wednesday.

"From World Champion to world record holder, the most successful Ferrari F2003-GA car is now the most valuable modern F1 car in history.

"The car Michael Schumacher drove en route to his sixth title has sold for CHF (Swiss franc) 14,630,000 (US$14,873,327) at Sotheby's Luxury Week in Geneva," reported Anadolu Agency as RM Sotheby's, a classic car auction company headquartered in Blenheim, Ontario, Canada saying on Twitter.

In 2017, another Schumacher-driven Ferrari, which was F2001, was sold for US$7.5 million by Sotheby's in New York.

Germany's Schumacher, 53, remains in recovery since suffering a head injury in a skiing accident in December 2013.

He was placed in a medically induced coma for several months after the accident. His family was allowed to move him back home in September 2014.

-- BERNAMA