SOLD! The $650 million Bernie Ecclestone car collection
In a landmark transaction that has captivated the motorsport community, former Formula 1 chief Bernie Ecclestone has sold his extensive collection of 69 Formula 1 cars to Mark Mateschitz.
Mateschitz is the co-owner of Red Bull GmbH and son of the late Dietrich Mateschitz.
While the exact sale price remains undisclosed, the collection is estimated to be worth approximately £500 million (around $650 million).
A Glimpse into the Collection
Ecclestone’s assemblage is a treasure trove of motorsport history, featuring iconic vehicles that have graced the Formula 1 circuits over the past seven decades. Notable cars include:
- Michael Schumacher’s 2002 Ferrari F2002: The car in which Schumacher clinched 11 victories out of 17 races, securing his fifth World Championship and setting a record by finishing on the podium in every race that season.
- Niki Lauda’s Brabham BT46B ‘Fan Car’: Designed by the legendary Gordon Murray, this innovative car featured a fan system that generated increased downforce, leading Lauda to victory at the 1978 Swedish Grand Prix before the design was subsequently banned.
The Motivation Behind the Sale
At 94, Ecclestone expressed a desire to ensure his prized collection would be well-cared for in the future, aiming to prevent potential stress for his wife, Fabiana, and young son, Ace, after his passing. He emphasized the importance of the collection finding a worthy custodian who would appreciate its historical significance.
Mark Mateschitz’s Vision
Mark Mateschitz, who inherited a substantial stake in Red Bull GmbH following his father’s passing in 2022, has ambitious plans for the collection. He intends to preserve and expand it, with the goal of making it accessible to the public in the near future. This move aligns with his vision to honour the legacy of both his father and the rich history of Formula 1.
A Record-Breaking Transaction
The sale of Ecclestone’s collection is unprecedented in the world of automotive memorabilia, both in scale and value. High-end car dealer Tom Hartley Jr., who facilitated the transaction, highlighted the global interest the collection garnered, underscoring its unique status in motorsport history.
Public Exhibition Plans
Enthusiasts and historians alike have reason to celebrate, as Mateschitz has announced intentions to publicly display the collection. While specific details regarding the exhibition venue and timeline remain forthcoming, the prospect of making these legendary machines accessible offers fans a rare opportunity to engage with the sport’s storied past.
