Bid4Assets Auctions Rare & Historic 1990 Mercedes-Benz C-11 Racecar Driven by Michael Schumacher

Online Auction Starts Monday, February 20 at 8 am (ET) With $830,000 Opening Bid

SILVER SPRING, Md., Feb. 13 -- Bid4Assets, Inc. a leading online auction company, announced today the auction of an extraordinary 1990 Mercedes-Benz C-11-05 historic racecar driven by Formula 1 racecar champion driver, Michael Schumacher, in the world-renowned Le Mans Classic Championship competition.

The auction, currently in preview at www.Bid4Assets.com, has an opening bid of $830,000 and requires a $25,000 deposit. Bidding begins Monday, February 20 at 8am (ET) and concludes Thursday, February 23 at 3pm (ET).

A significant piece of Mercedes-Benz racing history, the car, also referred to as the "Sauber-Mercedes C-11 chassis number 5" was designed by Leo Ress and built at the factory of distinguished Swiss auto racing designer, Peter Sauber.

This C-11-05's extraordinary performances during the 1990 and 1991 racing seasons solidified its position as one of the greatest Group C sportscars of its time. Driven by some of the greatest F1 drivers of their time, notable races and finishes included: (1) Jean-Louis Schlesser and Jochen Mass's first place finish in 1990's final race of the season in Mexico City (team was later disqualified) and (2) Karl Wendlinger, Michael Schumacher and Fritz Kreuzpointer's 5th place finish in 1991's Le Mans 24-Hours.

The car is currently located in a specialized storage facility in Boca Raton, Florida. Additional information, including inspection details, photos and auction terms and guidelines is included in the auction listing at www.bid4assets.com/C11.

About Bid4Assets, Inc.

Bid4Assets ( http://www.bid4assets.com/ ), a leading online auction company, specializes in high-valued real estate and personal property from government and private industry. From one-of-a-kind historic cars, luxurious estates and spectacular jewelry to the Presidential Yacht Sequoia, the company consistently delivers results for the sellers and buyers of unique, high-valued items. The privately-held company, launched in 1999, is based in Silver Spring, MD.

   Contacts:
   Mary Kate Cranston:
   202-362-3494
   mkcpr1@verizon.net

   Laura Reimers:
   301-562-3417
   LReimers@Bid4Assets.com

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