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Bernie Ecclestone to Part Ways with Legendary $634 Million F1 Car Collection in Historic Sale

Harry Stone by Harry Stone
December 4, 2024
in Motorsports
Reading Time: 3 mins read
0
Bernie Ecclestone to Part Ways with Legendary $634 Million F1 Car Collection in Historic Sale

The man synonymous with Formula 1’s meteoric rise, Bernie Ecclestone, is preparing to bid farewell to one of the world’s most coveted car collections. At 94 years old, the former F1 supremo has decided to sell his staggering 69-car Grand Prix collection, valued at an estimated $634 million (£500 million), in a private treaty sale.


A Lifetime of Passion on Four Wheels

For more than five decades, Ecclestone has amassed what is widely regarded as one of the finest collections of Formula 1 and historic race cars ever assembled. Each piece reflects his enduring passion for speed and his unmatched eye for the extraordinary.

“I have been collecting these cars for more than 50 years, and I have only ever bought the best of any example,” Ecclestone shared. “I love all of my cars, but the time has come for me to start thinking about what will happen to them should I no longer be here.”


Highlights of the Collection: Legends on Display

The crown jewels of Ecclestone’s collection include some of the most iconic machines in racing history:

  • José Froilán González’s Ferrari 375: The 1951 Italian Grand Prix winner that marked Ferrari’s first F1 victory.
  • Mike Hawthorn’s 1958 Dino: Driven by the first British Formula 1 World Champion.
  • Michael Schumacher’s Ferrari F2002: A car that dominated the 2002 season with 15 wins.
  • Ferrari 312B3: The team’s first true monocoque chassis.
  • Carlos Reutemann’s 1977 Brazilian GP-winning chassis.

The collection also features other historic rarities, including the Thinwall Special, further cementing its status as one of motorsport’s greatest treasure troves.


A Legacy in Every Car

This isn’t the first time Ecclestone has let go of prized automobiles. The former F1 boss previously sold over 50 cars during RM Sotheby’s infamous auction, but this sale represents a deeper emotional moment. These cars embody not only his love for motorsport but also his unparalleled contribution to Formula 1’s history.


The Private Sale: A Mystery of Valuation

The sale will occur through a private treaty process, meaning the prices of individual cars will not be disclosed. However, with an estimated collective value of $634 million, collectors and institutions worldwide are expected to vie for a piece of Ecclestone’s extraordinary legacy.


An Era Comes to an End

As Ecclestone’s collection gears up for a change of ownership, the sale marks the end of an era for one of motorsport’s most influential figures. While the man who once revolutionized Formula 1 steps back, the cars he curated over a lifetime will continue to tell the story of his monumental impact on racing history.

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