Bernie Ecclestone, F1’s Billionaire CEO May Raise $30 Million In Classic Car Auction
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Aug 08, 2007
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Bernie Ecclestone, Formula One’s billionaire chief executive officer, may get 15 million pounds ($30.3 million) from selling 50 classic cars, including a 1937 Mercedes 540K Cabriolet with red leather interior, according to the auction house selling the vehicles.
Ecclestone, 76, is offloading the collection which has been mainly in storage in London so he can add to his set of historic racing cars, Terry Lobzun, a spokesman for Blenheim, Canada-based RM Auctions Inc., said in a phone interview.
Aug 08, 2007
Bernie Ecclestone is the F1 supremo, who is responsible for getting 22 of the fastest cars in the world onto a racing track, but now he is going to get 50 of his own cars on to a new venue and that is at the Automobiles of London auction. The 50 cars from Mr. Ecclestone’s private collection will congregate on the 31st October in Battersea Park, London, and is expected to raise at least 15 million pounds.
Aug 08, 2007
What kind of cars does the notoriously particular F1 supremo collect: among the lot are a 1933 Marmon Sixteen Victoria Coupe, 1950 Ferrari 250 GT Europa Mk II (shown above), 1937 Mercedes 540 K Cabriolet B worth $7 million, 1933 Lancia Astura Roadster, and the obligatory 300 SL Gullwing. And because you just never know where Bernie’s coming from, there’s also a 1964 Ford Anglia.
Aug 08, 2007
British Formula 1 boss Bernie Ecclestone plans to auction 50 rare and valuable cars from his collection in October.
The sale of the cars, which Ecclestone, has been collecting since the 1950s, are expected to bring in more than $30 million, the Mail of Sunday reported.
