Schumi's F1 car on eBay

Hamburg - Michael Schumacher's first Formula One world championship-winning car is up for auction at internet sellers ebay, with the 1-million dollar mark passed on Tuesday.

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The Benetton B174 was driven by Schumacher in 1994 when he won the first of a record seven world titles. The seller said it has undergone a complete overhaul and is "in racing condition."

According to the auction page, there were 51 bids by 1030 GMT Tuesday with the highest bid at the time at 711,050 euros (1.063 million dollars). The auction runs until November 16.

"For sale is the F1 race car, with which Michael Schumacher won his first Formula One Drivers' Championship at the Adelaide GP of Australia," said the seller with the username thunder-cobra.

A large number of spare parts goes with the package. The car is currently in Toronto, Canada, the seller said.