Bernie Ecclestone's £300 Million Car Collection Auction
Summary
Bernie Ecclestone, the former chief of Formula One, is set to auction his remarkable car collection, valued at over £300 million, to ease the burden on his wife, Fabiana, after his passing. This extensive collection comprises 69 legendary racing cars, many with rich motorsport histories, including Michael Schumacher's 2002 championship Ferrari and Niki Lauda’s Ferrari. Rather than opting for public auctions, Ecclestone has chosen private transactions to ensure the cars find owners who truly appreciate their significance.
At 94 years old, Ecclestone is determined to secure the future of the cars he has meticulously gathered since the 1950s. Among the notable vehicles are the iconic Brabham BT46 'fan car' and Stirling Moss' Vanwall VW10, the first British car to claim an F1 victory. The sales, managed by performance car specialists Tom Hartley Jnr Ltd, aim to provide peace of mind for Ecclestone’s family regarding his estate while honoring his lifelong passion for motorsport. This strategy allows for discreet sales while preserving the legacy of these historic automobiles.