The most successful Formula One Ferrari across all eras will go under the hammer next month as one of Michael Schumacher's 1998 machines is offered to bidders in Monterey, USA. It is the only Ferrari Formula One chassis to run at least three races and achieve victory in every single race entered, making it the diamond of all competition machines from the iconic Italian marque.

It has been wonderfully preserved in its racing condition under the vendor's ownership since being purchased from the Scuderia Ferrari team in 1999, experts believe it will sell for between $ 6 million and $ 8 million (£ 5 million and £6.7million) when it goes to the block in August.

Despite being the most successful Ferrari F1 car of all time and driven by the most decorated of all pilots, Schumacher narrowly missed out on the Formula One crown in 1998, with McLaren-Mercedes driver Mika Hakkinen taking the title that year.

It is powered by a ferocious 3.0-litre V-10 engine producing 800 horsepower from one of the most potent eras in Formula One history. The howling engine would rev to an ear-splitting 17,500rpm and provides a wailing soundtrack that epitomises this generation of motorsport.

Having moved to Ferrari in 1996 with two world titles under his belt with Benetton, many believe this is the engine that created the true foundation of the Scuderia’s incoming millennial domination of the Formula One world, with Schumacher taking five back-to-back titles from 2000 to 2004. 

2022 Hyundai Tucson first look Unveiled, Read Features

Volkswagen appoints Porsche CEO Oliver Blume, Herbert Diess steps down

Sixth-generation Honda Civic Type R Unveiled