Mark Mateschitz Acquires Bernie Ecclestone's $650 Million F1 Car Collection

Bernie Ecclestone has sold his remarkable collection of 69 iconic Formula 1 cars to Mark Mateschitz, the billionaire heir to the Red Bull empire, in a deal valued at approximately $650 million. The collection, which includes historic cars driven by legends like Michael Schumacher and Niki Lauda, represents over 70 years of F1 history. Ecclestone, now 94, expressed his relief that the cars are in 'the very best of hands' and emphasized their importance as part of motorsport heritage. Mateschitz plans to display the collection publicly in the near future and aims to expand it further. This sale marks a significant milestone in the legacy of both Ecclestone, a pivotal figure in F1, and Mateschitz, who has deep ties to the sport. The transaction highlights the enduring value and significance of Formula 1's history in the automotive world.