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Schumacher Gets A Piece Of The World

Filed under: Journeys

Mariah Carey may have gotten a diamond necklace from a prince but race car driver Michael Schumacher received an even higher ticket item. Dubai's crown prince, Sheikh Mohammed bin Rashid Al Maktoum, has gifted the Formula One driver with a piece of The World, the manmade island development located off the coast of the United Arab Emirates. Schumacher's island is part of 'Antarctica' on the artificial globe, is worth about $7 million.

The World has attracted some big names so Schumacher is in excellent company. Richard Branson has visited, Angelina Jolie and Brad Pitt are believed to have checked it out and Michael Jackson has stopped by and David Beckham and Rod Stewart are also rumored owners. When completed the development will also be home to several lavish hotels.

[Thanks, Lana]

Mercedes Racecar Up For Auction

Filed under: Wheels, Auctions

Bid4Assets an online auction company has announced the auction of a1990 Mercedes-Benz C-11-05 racecar driven by Formula 1 champion driver, Michael Schumacher, in the Le Mans Classic Championship competition. The auction will start on February 20 and has an opening bid of $830,000 and requires a $25,000 deposit. The auction ends February 23 at 3pm. The car is currently located in a storage facility in Boca Raton, Florida. It is being sold as part of a liquidation of assets owned by CLR Associates which is part of the SEC receivership involving the Lancer Group Family of hedge funds. 


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