Red Bull Owner Acquires Rare F1 Cars for Astonishing $650 Million

Mark Mateschitz has bought an impressive collection of racing cars. For this, the Salzburg Red-Bull-heritage leafed out a dizzying sum of over half a billion euros. Among them were racing legends such as Michael Schumacher, Niki Lauda and Gerhard Berger. The former Formula 1 boss Bernie Ecclestone was owned by a large car collection, including the Ferraris of Gerhard Berger (1988) and Michael Schumacher (2002) as well as the 1958 solide of Mike …

Bernie Ecclestone has sold his car collection of 69 vehicles. As it turned out, Red Bull part-owner Mark Mateschitz bought the collection.

50 years ago he started collecting Formula 1 cars. Now ex-racing mogul Bernie Ecclestone has sold them – among them Ferraris, where Michael Schumacher and Niki Lauda drove. The buyer knows the industry well.

Motor racing-Ecclestone sells F1 car collection to Mateschitz's son

LONDON (Reuters) - Bernie Ecclestone has sold his large car collection to Red Bull heir Mark Mateschitz for an undisclosed sum in a deal that will see them put on public display, the former Formula One supremo confirmed on Friday. Read full story

Red Bull Owner Acquires Rare F1 Cars for Astonishing $650 Million

Red Bull owner Mark Mateschitz has reportedly bought an extremely rare collection of 69 F1 cars from former F1 CEO Bernie Ecclestone for $650 million.

Bernie Ecclestone collected racing cars for more than 50 years. Now he is parting with 69 valuables. The buyer is no stranger. The new owner, Mark Mateschitz, is the son of Red Bull founder Dietrich Mateschitz.