1992 Benetton B192-05: Schumacher’s Spa-winning F1 car
Broad Arrow, a Hagerty company (NYSE: HGTY), proudly offers one of the most iconic cars in Formula One history, the 1992 Benetton B192-05 that Michael Schumacher drove to his first Grand Prix victory at Spa-Francorchamps in Belgium in August 1992. Broad Arrow presents the car in its Global Icons: Europe Online auction, with bidding open from 23 to 30 January 2026. Collectors now have their first chance to buy this landmark piece of motorsport history in a public sale. You can watch a brief film on the car’s significance here.
Chassis B192-05 ranks among the most consequential Formula One cars of the modern era, and Rory Byrne designed it. As the last race-winning Formula One car with a manual gearbox, it marks a turning point when talent, engineering clarity, and instinct aligned to start a dynasty. Collectors do not simply get the chance to acquire a Schumacher-era Benetton. They secure an artefact from the moment Formula One changed course.
“We cannot overstate how honoured we are to be able to publicly offer, for the first time, the Benetton B192-05 that first put Michael Schumacher on the top step of the F1 podium,” says Yves Boitel, Car Specialist at Broad Arrow. “This is undoubtedly one of the most famous cars in Formula One history, one that not only signalled the start of one of the greatest F1 careers of all time, but which also marked the end of the glorious era of manual gearboxes at the pinnacle of motorsport. We expect its presentation in our Global Icons: Europe Online sale to attract significant interest from top collectors around the world.”
People often overuse the word iconic to elevate otherwise essential machines, but this car needs no such qualification. Chassis B192-05 carried Michael Schumacher to his first Formula One victory, as he beat Ayrton Senna, Nigel Mansell, and Mika Häkkinen on the sport’s most demanding circuit in heavy rain. Schumacher crossed the line first after 44 laps and worked the H-pattern six-speed manual transmission through hundreds of gear changes around the Ardennes. Schumacher claimed his maiden Grand Prix victory exactly one year after he made his auspicious Formula One debut at the same circuit.
This car launched Schumacher’s record-setting career. He won seven World Drivers' Championship titles and 91 victories, and he held the most pole positions (68), podium finishes (155), and fastest laps (77) at the time of his retirement.
Renault acquired the Benetton race team and kept Schumacher’s 1992 Belgian Grand Prix–winning car at its Enstone, UK headquarters. Renault’s Classic Department held the car until 2015, when Renault sold it, along with two other Benetton chassis, to LRS Formula, which Laurent Redon owns. Many racing fans recognise Redon’s name, as the Frenchman tested for Minardi in 1998 and later tested for Benetton in 1999. A 2024 sales sheet attestation signed by Redon confirms that LRS completely restored chassis B192-05 to working order, including a chassis overhaul and an engine and gearbox rebuild. In 2016, the consignor, a well-known racer of modern F1 machinery, acquired the Benetton. Broad Arrow expects the car to bring in excess of €8.500.000 when it crosses the virtual auction block later this month.
Benetton chassis number B192-05 earns its place in Broad Arrow’s Global Icons Online Auctions. The series includes three auctions: Global Icons: Europe Online, joined by Global Icons: UK Online and Global Icons: Memorabilia Online. Broad Arrow will also offer highly collectable Michael Schumacher memorabilia without reserve in the memorabilia auction, including a signed 1994 Original Benetton Helmet (Estimate: €20.000 - €30.000), his 1995 Benetton Overalls (Estimate: €15.000 - €25.000) and a signed replica of his 1995 Benetton F1 Steering Wheel (Estimate: €2.000 - €2.500).
The series also features a stunning 1971 Lamborghini Miura P400 S (Estimate: €1.600.000 - €1.800.000), two beautiful examples of the iconic Ferrari Dino 246 GT offered without reserve, and a highly desirable 1990 Ferrari Mondial T Cabriolet (Estimate: €45.000 - €65.000, Offered Without Reserve) in rare Verde Scuro green. A sale of iconic cars also includes a 1998 Porsche 911 Turbo (Estimate: £180,000 - £220,000), which has covered less than 30,000 miles.
“Michael Schumacher’s Benetton B192-05 race-winning F1 car is without question one of the most iconic race cars of all time, perfectly fitting the theme of our Global Icons: Online series of auctions,” adds Joe Twyman, VP of Sales for Broad Arrow’s EMEA Region. “We are tremendously excited to present it alongside some of the most iconic collector cars from motoring history, together with a carefully curated selection of highly desirable memorabilia to suit all budgets. We are expecting strong interest from collectors worldwide in what will be an exciting start to the Broad Arrow Auctions calendar for 2026. We look forward to sharing complete details of our live preview events during Rétromobile week in the coming days.”
