P1racenews AI automatic summary:
Bernie Ecclestone has sold his vast collection of Formula 1 cars, thought to be worth around £500 million, to the co-owner of Red Bull GmbH.
According to MailOnline, Mark Mateschitz, son of the late Red Bull founder, bought a collection of 69 cars from Mr. Ecclestone, inheriting a 49 percent share in the business. Mateschitz, a family friend of the Ecclestones, hinted that the cars might be publicly accessible in the near future. The undisclosed price paid for the collection was described as the most significant race car collection globally. Ecclestone expressed satisfaction with the sale, emphasizing the historical significance of these unique vehicles. The decision to sell the collection was made to relieve his family from potential ownership responsibilities. The collection includes iconic cars such as the Ferrari F2002 and the Brabham BT46 ‘fan car’.
