Hagerty(US:HGTY) Globenewswire·2026-01-08 09:30Core Insights - The 1992 Benetton B192-05, driven by Michael Schumacher to his first Grand Prix victory, is being offered for public sale for the first time as part of Broad Arrow's Global Icons: Europe Online auction from January 23-30, 2026 [1][3][10] - This car is significant as it is the last race-winning Formula One car to utilize a manual gearbox, marking a pivotal moment in the sport's history [2][4] Auction Details - The auction will feature the Benetton B192-05, which is expected to fetch over €8,500,000 [5] - Alongside the car, the auction will also include various memorabilia related to Michael Schumacher, such as a signed helmet and overalls, with estimates ranging from €2,000 to €30,000 [6][10] Historical Significance - The B192-05 is recognized as one of the most iconic Formula One cars, symbolizing the beginning of Schumacher's record-setting career, which includes seven World Drivers' Championship titles and 91 victories [4][10] - The car's victory at the 1992 Belgian Grand Prix was achieved under challenging conditions, showcasing Schumacher's talent and the engineering excellence of the vehicle [3][4] Ownership and Restoration - After its racing career, the car was retained by Renault and later sold to LRS Formula, where it underwent a complete restoration, including a chassis overhaul and engine rebuild [5] - The current owner, a known racer of modern F1 machinery, acquired the car in 2016 [5] Auction House Background - Broad Arrow Auctions, a Hagerty company, is a leading global collector car auction house, known for its high-quality offerings and rapid growth in the auction segment [11]