News Details
Ecclestone sells £500m F1 collection to Red Bull’s Mark Mateschitz!
©TomHartleyJr Phillip van Osten
07/03/2025 at 09:3707/03/2025 at 09:56 Former F1 supremo Bernie Ecclestone has waved goodbye to his jaw-dropping collection of 69 Formula 1 cars, handing them all over to Red Bull billionaire Mark Mateschitz for a cool – yet undisclosed – sum. Valued at a whopping £500 million ($646 million), this treasure trove of racing history, dubbed the "biggest transaction of its kind”, was entrusted by Ecclestone to renowned UK high end and performance car specialist Tom Hartley Jnr. While the latter anticipated a flurry of individual bids, Mateschitz decisively intervened and tabled an offer that Ecclestone couldn’t refuse. At 94, Ecclestone isn’t...
Full Story »
Full Story »
You May Also Be Interested In...
Mateschitz buys Ecclestone’s $650 million Formula 1...
Bernie Ecclestone this week sold his private Formula 1 car collection,...
3mo ago from GrandPrix247.com
Red Bull denies RB21 to undergo ‘radical'...
Red Bull has quashed speculation that it could be poised to introduce...
3mo ago from MotorsportWeek.com
Formula One Group enjoys record year in revenue in 2024
© XPB Phillip van Osten
28/02/2025 at 13:3428/02/2025 at 13:37...
3mo ago from F1i.com
Steiner’s Red Bull alert: An unhappy Max could spell...
©RedBull Phillip van Osten
04/03/2025 at 09:3604/03/2025 at 09:39 As the...
3mo ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
14h ago from MotorsportWeek.c...
Why Marc Marquez stressed his Ducati is identical to...
No description available...
1d ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
2d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin looking to rebound after ‘lowest...
Scott McLaughlin is hopeful that he can quickly bounce back from his...
1d ago from MotorsportWeek.c...
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
3d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
19h ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
3d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eye up move for Serie A star as potential...
Arsenal have reportedly set sights on signing Juventus winger Kenan...
5h ago from SportsKeeda.com
‘It’s not as simple as that' - Jack Wilshere warns...
Former Arsenal midfielder Jack Wilshere reckons the Gunners need more than...
8h ago from SportsKeeda.com
Barcelona gain advantage in race to sign Arsenal and...
Arsenal want to sign a new left winger this summer, but their chances of...
9h ago from CaughtOffside.com
Arsenal make initial approach to sign 25-year-old...
Arsenal have reportedly initiated the first steps to land Lille...
8h ago from SportsKeeda.com
Comments
Hottest News
F1: Canadian Grand Prix: Friday Free 2 - Times
Times from today's second free practice session... Read More »
6h ago from Pitpass.com
FIA suspends F1 driver steward for Canadian GP after...
Former F1 driver Derek Warwick has been... Read More »
3h ago from MotorsportWeek.com
Qualifying start time for the 2025 F1 Canadian GP today
The all-important session of the weekend is just... Read More »
41m ago from RacingNews365.com