The Michael Schenker Story Live is a live album by the hard rock band Michael Schenker Group, released in May 1997 through Michael Schenker's own record company.

The Michael Schenker Group is an English hard rock band, formed in London in 1979 by former Scorpions and UFO guitarist Michael Schenker. In 1986, Schenker and vocalist Robin McAuley formed the McAuley Schenker Group, which lasted until 1993. Afterwards, in 1996, the Michael Schenker Group was reformed. After the release of their second live album, 1984's Rock Will Never Die, its members began to have serious discussions that caused a two-year hiatus, and Michael ended the band in 1986.