Bernie Ecclestone is selling his entire collection of Formula One cars, which is expected to be worth more than £300 million ($378 million) to the sport's former supremo. PA Photo.
Bernie Ecclestone is selling his entire collection of Formula One cars, which is expected to be worth more than £300 million ($378 million) to the sport's former supremo. PA Photo.
Bernie Ecclestone is selling his entire collection of Formula One cars, which is expected to be worth more than £300 million ($378 million) to the sport's former supremo. PA Photo.
Bernie Ecclestone is selling his entire collection of Formula One cars, which is expected to be worth more than £300 million ($378 million) to the sport's former supremo. PA Photo.

Former Formula One boss Bernie Ecclestone sells 'greatest ever' Grand Prix car collection


Gillian Duncan
  • English
  • Arabic

Former Formula One boss Bernie Ecclestone is selling dozens of historic F1 cars, dubbed “the greatest collection of Grand Prix cars ever assembled”.

The 69 cars date from the start of the Formula One championship in 1950 and include examples raced by champions Alberto Ascari, Mike Hawthorn, Niki Lauda, Nelson Piquet and Michael Schumacher.

Highlights include the one-off Brabham BT46B 'fan car', named after the huge downforce-generating fan in the back, that Lauda raced to victory in Sweden in 1978 before it was withdrawn.

“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, and that is why I have decided to sell them,” Mr Ecclestone, 94, said.

The cars date from the start of the Formula One championship in 1950 and include examples raced by champions Alberto Ascari, Mike Hawthorn, Niki Lauda, Nelson Piquet and Michael Schumacher. PA
The cars date from the start of the Formula One championship in 1950 and include examples raced by champions Alberto Ascari, Mike Hawthorn, Niki Lauda, Nelson Piquet and Michael Schumacher. PA

“After collecting and owning them for so long, I would like to know where they have gone and not leave them for my wife to deal with should I not be around.”

The collection will be sold through classic and historic sports and race car dealer Tom Hartley Jnr rather than at auction. Mr Hartley Jnr said it was the most important collection of race cars in the world.

The collection is being sold through classic and historic sports and race car dealer Tom Hartley Jnr. PA
The collection is being sold through classic and historic sports and race car dealer Tom Hartley Jnr. PA

“For me, the highlight … has to be the Ferraris. Bernie has assembled a collection of Ferrari Formula One cars that today would be near-impossible to repeat,” he added.

“This collection is the history of Formula One.”

The Ferraris include the 375F1 that Ascari drove to victory in the 1951 Italian Grand Prix, Hawthorn's title-winning 1958 car and Schumacher's 2002 car.

Mr Ecclestone, who once owned the late triple champion Jack Brabham's now-defunct Brabham team and who left the helm of Formula One in 2017 when Liberty Media took over the sport, said he had only ever bought the best.

The collection is believed to be worth more than £300million. PA
The collection is believed to be worth more than £300million. PA

“I have now decided to move them on to new homes that will treat them as I have and look after them as precious works of art,” he said.

Mr Ecclestone tried his hand at racing in the 1950s and then managed drivers including Austrian Jochen Rindt, who became the first and only driver to win the championship posthumously in 1970.

The Briton became a billionaire after taking over the commercial side of Formula One in the 1980s.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

INFO

What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
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Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
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  • Refugees will have a reduced right to public funds
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Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

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Part three: an affection for classic cars lives on

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Read part one: how cars came to the UAE

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Stars: Molly Parker, Toby Stephens, Maxwell Jenkins

Rating: 4/5

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Updated: December 02, 2024, 12:51 PM