Bernie Ecclestone Sells $646 Million F1 Car Collection To Red Bull Heir [Forbes]
Liberty Media Corporation - Series A Liberty Braves (BATRA)
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Source: Forbes
Carlos Pace in Sao Paulo, Brazil, on October 31 to November 3, 2024. (Photo by Gongora/NurPhoto via Getty Images) NurPhoto via Getty Images Former Formula 1 ringmaster has sold his entire collection of historic racing cars to Red Bull heir The collection features legendary Ferraris that were once driven by F1 icons such as Alberto Ascari, Michael Schumacher, and Niki Lauda, along with other championship-winning cars dating back to the 1950s. Despite attracting interest from several bidders all over the world, including two sovereign wealth funds, the 69-car collection found a new owner in Mark Mateschitz, the only son of the late Austrian billionaire The 32-year-old, who inherited his father's 49% share in Red Bull after his passing in October 2022, told the that the collection “will be made accessible to the public” in the near future. RED BULL RING, AUSTRIA - JULY 02: Mark Mateschitz prior to the F1 Grand Prix of Austria at Red Bull ... [+] Ring on July 02, 2023 in Spiel
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