General view of the 1954 2.5 litre Mercedes-Benz W196 Formula 1 Grand-Prix single-seater driven by Juan Manuel Fangio, at a photocall at Bonhams, in central London. (Photo by Dominic Lipinski/PA Images via Getty Images)

In the spirit of the Formula 1 Miami Grand Prix race taking place this weekend, we’re bringing you everything you need to know in the new issue of GRAZIA Gazette: Formula 1. Whether you’re looking for the best place to party or want a run-down of the top drivers of the season, we have what you’re looking for. Below, we’re taking a look back through the history of the sport by rounding up the most expensive Formula 1 cars of all time.

THE 1954 MERCEDES- BENZ W196R:

General view of the 1954 2.5 litre Mercedes-Benz W196 Formula 1 Grand-Prix single-seater driven by Juan Manuel Fangio, at a photocall at Bonhams, in central London. (Photo by Dominic Lipinski/PA Images via Getty Images)

The 1954 Mercedes-Benz W196R Formula 1 racing car, that drove Juan Manuel Fangio to victory at the 1954 Swiss Grand Prix, sold for $30 million by Bonhams Auctions at Goodwood Festival of Speed Sale in 2013.

THE 2001 FERRARI F2001:

Michael Schumacher, Ferrari F2001, Grand Prix of Australia, Albert Park, Melbourne Grand Prix Circuit, 03 March 2002. Victory for Michael Schumacher in the 2002 Australian Grand Prix. (Photo by Paul-Henri Cahier/Getty Images)

Michael Schumacher’s 2001 Ferrari F2001, chassis 211, sold for $7,504,000 at the Sotheby’s Con- temporary Art Sale in New York in 2017, exceeding the auction house’s original estimate by $2 million.

THE 2002 FERRARI F2002:

Participants bid on 2002 Ferrari F2002 during the RM Sothebys classic car auction at the Yas Marina Circuit on November 30, 2019. (Photo by ANDREJ ISAKOVIC / AFP) (Photo by ANDREJ ISAKOVIC/AFP via Getty Images)

Michael Schumacher’s 2002 Ferrari F2002 took him to the finish line at the 2002 French Grand Prix. It sold for $6,643,750 when it was auctioned at the 2019 Abu Dhabi Grand Prix.

THE 2010 MCLAREN MP4-25A:

British McLaren Formula One racing driver Jenson Button seen from overhead driving his McLaren MP4-25 racing car in very wet and rain conditions with water spray pouring from the car during the 2010 Chinese Grand Prix, Shanghai International Circuit, Shanghai, China, on the 18 April 2010. (Photo by Darren Heath/Getty Images)

The 2010 McLaren MP4-25A was driven by Lewis Hamilton at the 2010 Turkish Grand Prix and the Chinese Grand Prix the same year. It sold for $6.6 million during a special auction event during the 2021 British Grand Prix.

THE 1993 MCLAREN MPA/8A:

(Photo by Paul-Henri Cahier/Getty Images)

The 1993 Monaco Grand Prix winning McLaren MP4/8A, chassis #6 was sold at auction for $6.78 million in 2018.

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