Former Formula 1 boss Bernie Ecclestone has announced that his extensive collection of Grand Prix racing cars will be sold at auction.
Ecclestone said he did not want to burden his wife, FIA sporting director for South America Fabiana Flosi, with selling cars after his death.
Bernie Ecclestone: “All the cars I have bought over the years have fantastic racing histories and are rare works of art. I love these cars, but it’s time to think about what will happen to them after me, so I decided to sell them.
After collecting the best Formula 1 cars since the birth of the sport, I have decided to hand them over to new owners who will treat them the same way I do, and care for them as priceless works of art.”
The collection includes cars driven by Michael Schumacher, Niki Lauda, Stirling Moss and Nelson Piquet. The oldest example in the collection is a 1931 Bugatti Type 5, and the newest is a Ferrari that won the championship in 2002.
The preliminary estimate of the collection’s value is 250 million pounds.
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
