A remarkable chapter in automotive history has turned a new page as Mark Mateschitz, the son of Red Bull co-founder Dietrich Mateschitz, has acquired Bernie Ecclestone's extensive collection of historic racing cars. This acquisition not only marks a significant transaction in the world of classic automobiles but also ensures the preservation and public accessibility of these legendary vehicles.
The collection boasts an array of iconic Ferraris once piloted by Formula 1 legends such as Alberto Ascari, Michael Schumacher, and Niki Lauda, along with other championship-winning cars from the mid-20th century. Despite global interest from various bidders, including sovereign wealth funds, Mateschitz emerged as the chosen custodian of this 69-car treasure trove. The young heir, who inherited a substantial stake in Red Bull after his father's passing in 2022, plans to make these vehicles accessible to enthusiasts and the public in the near future.
Ecclestone, who managed Formula 1 for four decades before stepping down in 2017, expressed satisfaction with the sale. He emphasized that the cars would find a suitable home where they can be showcased and appreciated by the public. The collection includes several standout pieces like the 1949 Ferrari Thin Wall Special, the Ferrari 312T, and the Vanwall VW10 driven by Stirling Moss. Each car tells a unique story of motorsport history, from groundbreaking victories to technological advancements.
This monumental sale, brokered by historic sports and racing car dealer Tom Hartley Jnr, is reportedly valued at around £500 million ($646 million). It sets a record for the highest price ever achieved for a classic car collection. The transfer of ownership signifies more than just a financial transaction; it represents the continuation of a legacy and the safeguarding of automotive heritage. By ensuring these cars are displayed in a museum-like setting, Mateschitz honors Ecclestone's dedication to preserving the rich history of Formula 1, fostering appreciation and inspiration for future generations.