Because of his wife
Ecclestone gives up €360 million “treasure”!
Former Formula 1 boss Bernie Ecclestone is settling his estate - and selling an impressive collection of historic Grand Prix and Formula 1 cars! The legendary Ferrari F2002, in which future record world champion Michael Schumacher raced to his fifth world championship title, is one of the 94-year-old Englishman's 360 million rarities.
"I love all my cars, but the time has come for me to think about what will happen to them when I am no longer around, and that is why I have decided to sell them," explained Ecclestone, who was replaced as CEO of Formula 1 after several decades following the takeover by Liberty Media in 2017.
Collector for 50 years
"Having collected and owned them for so long, I want to know where they are and not leave them to my wife, who would have to look after them when I am no longer around," continued the Briton, who himself worked as a car dealer at the start of his career.
Couple have a young son
Ecclestone has been married to Fabiana Flosi, a Brazilian several decades his junior, since 2012. He lives with her in Switzerland and also on a farm near São Paulo. The couple have a young son, Ecclestone was 89 years old when he was born.
"I have been collecting these cars for more than 50 years and have only ever bought the best examples," explained Ecclestone. "While many other collectors have opted for sports cars over the years, my passion has always been for Grand Prix and Formula 1 cars."
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