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Bernie Ecclestone, 95, Confirms Yacht Sell-Off as $660 Million Car Collection Transferred to Red Bull Heir

He says the downsizing is a bid to simplify his life.

Overview

  • Ecclestone confirmed the sale of his yacht Petara and said a smaller vessel moored in Ibiza is on the market.
  • He completed the transfer of 69 supercars earlier in 2025 to Mark Mateschitz, with reports valuing the collection at about $660 million.
  • He emphasized stewardship over price, saying the cars would be displayed in museums for public viewing.
  • The collection includes notable Formula 1 Ferraris driven by Niki Lauda and Michael Schumacher and Brabhams associated with Nelson Piquet.
  • He continues to reside in Gstaad, Switzerland, and said he still watches every Formula 1 race, with the interview published on his 95th birthday.