Update, November 17th, 10:22 AM ET: The car has sold for $7,504,000, surpassing estimates by over $2 million.

The Ferrari F1 car Michael Schumacher used to win the Monaco Grand Prix and F1 driver's championship in 2001 will come up for sale as a part of RM Sotheby's New York Contemporary Art Evening in November. Ferrari aficionados: This might be your chance to own one of the most legendary cars in racing history.

Courtesy of LAT Images

The car is a 3.0-liter V10-powered F2001, chassis number 211. It won both the Hungarian and Monaco Grands Prix with Schumacher behind the wheel in 2001, securing his fourth driver's championship (of seven total) and Ferrari's 11th constructor's championship.

Pawel Litwinski © 2017 Courtesy of Sotheby’s

The car, which is currently on display at Sotheby's Autumn Sales week in Hong Kong, is being auctioned off by RM Sotheby's and will be displayed at Rockefeller center October 6th, 7th, and 8th as a part of Ferrari's 70th anniversary celebration.

Pawel Litwinski © 2017 Courtesy of Sotheby’s

But what if you want to do more than just stare at your legendary F1 car in a climate-controlled garage? Don't worry, Ferrari says the car is fully operational and ready for use on the circuit. The company is even offering to house it in Maranello, and transport it worldwide to Corse Clienti track events (the same Ferrari-hosted events where customer-owned track-only FXX cars are shipped). Of course, you'll have a squad of Ferrari technicians, mechanics, and test drivers at your disposal to keep everything in top condition.

RM Sotheby's expects chassis number 211 to bring in over $4 million upon its sale. Seems about right for a car with this kind of pedigree.

Pawel Litwinski © 2017 Courtesy of Sotheby’s

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