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...
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