P1racenews AI automatic summary:
How much would you be prepared to pay for F1 memorabilia?
With the surge in popularity of Formula 1 worldwide, fans are eager to acquire merchandise and memorabilia, such as signed driver cards, diecast models, or even selfies, which can range in price. However, there is one unique item that stands out: the UK vehicle registration plate ‘F1.’ In 2008, businessman Afzal Khan purchased it for £375,000 GBP from Essex county council, who originally registered it in 1904. Initially placed on his McLaren SLR, Khan later transferred it to his Bugatti Veyron, turning down a £5 million offer in 2010. By 2018, the plate was up for sale for £12 million, and in 2024, it is currently listed for £15,009,995, or over £18 million with VAT included. Stay up to date with all the F1 action by using the convenient 2024 F1 calendar available for your smartphone or PC.