Washington: Four-time Formula One world champion, Sebastian Vettel`s race helmet reportedly fetched a whopping 118,000 dollars at a charity auction in London.A race helmet, worn by Vettel, featured a glittering gold design and has set a new world record price at Bonhams auctioneers.According to CNN, the successful bidder paid the eye-popping price for the helmet which Vettel worn on his way to victory in this year`s German Grand Prix.

The price paid for Vettel`s helmet booted the previous world record of 116,189 dollars paid for a helmet which belonged to Brazil`s late three-time champion Ayrton Senna.