Imola F1 trophy auction raises £247,171 for local flood relief

The organizers held an auction for the unused trophies from the Imola GP in Formula 1, which contributed £247,171 to a relief fund for victims of local flooding. Due to the race’s cancellation, Formula Imola, the event promoter, along with the Italian body ASN and Formula 1, decided to donate the top three Imola F1 trophies and the winning constructors’ trophy to a charity auction. Imola F1 trophy auction raises £247,171 for local flood relief.

Additional contributions included the pole position tire award from Pirelli and a bottle of podium sparkling wine donated by Ferrari Trento. During the Spanish Grand Prix weekend in Barcelona, the current 20 race drivers autographed all the items, while the 10 team principals also signed the trophies.

The auction, managed by F1 partner Memento Exclusives, donated the proceeds to the Agency for Territorial Safety and Civil Protection of the Emilia-Romagna region. The sale provided fans and collectors with a unique opportunity to acquire contemporary F1 trophies that had not been awarded to specific drivers.

Imola F1 trophy auction

The trophies held historical significance as they featured engraved names of past winners of F1 races held in Imola from 1980 to 2022, including renowned drivers such as Nelson Piquet, Didier Pironi, Patrick Tambay, Alain Prost, Elio de Angelis, Ayrton Senna, Nigel Mansell, and Michael Schumacher.

Trophy Prices at the Auction

The winning constructors’ trophy fetched the highest price of £71,275, surpassing the drivers’ trophy, which sold for £60,100. Buyers purchased the second and third-place trophies for £37,325 and £32,050 respectively, while the Pirelli pole position award surpassed both, selling for £40,745. The Ferrari Trento bottle raised £11,175.

Pirelli F1 boss Mario Isola expressed his appreciation for the F1 community’s generosity and the auction’s contribution to the victims of the severe weather in Emilia-Romagna. He emphasized that even small forms of assistance could make a significant difference. Memento CEO Barry Gough expressed satisfaction in supporting the Emilia-Romagna Region’s Agency for Territorial Safety and Civil Protection, acknowledging the incredible sum raised through the auction.

Posters signed by Alfa Romeo drivers Valtteri Bottas and Zhou Guanyu are still available for purchase on the Emilia Romagna auction section of the Memento website.

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Farjad Khairi

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