German Car Zone

Monday 6th August
ECCLESTONE AUCTIONS OFF PRIVATE CAR COLLECTION

We're not sure why. It's not as if he's skint...
F1 overlord and master, Bernie Ecclestone, is selling 50 of the rarest cars in the world from his private car collection.
The expansive selection includes a 1964 Ford Anglia, a 1955 Mercedes 300SL Gullwing and a 1937 Mercedes-Benz 540K Special Roadster worth £3.25million.
A spokesman for RM Auctions, which is handling the sales taking place in October commented: “The collection, built up over decades of careful acquisition, is composed of a variety if automobiles that represent many marques and eras. This auction marks what will
be the first and only public exhibition of the Ecclestone Collection.”
Pundits have been curious of the sale, which is expected to make at least £15million, since he hardly needs to expand on his £3billion fortune.
Bernie’s biographer, Terry Lovell, revealed: “He is 77 in October and perhaps he believes it’s time to tidy up some of his private assets.”

The 540K Special Roadster. It's worth about £3.25million now.
PistonHeads Headlines

Ecclestone’s Mercedes 540K sells for almost £4 million

Famed Formula One Chief and billionaire Bernie Ecclestone auctioned off his Mercedes-Benz 540K Special Roadster in London yesterday for a whopping £3.9million ($8.1million). It was one of over 40 cars that went up for sale, contributing to a combined value of £15million.

After a lengthy 15 minutes of bidding, the car was sold to an unnamed buyer seated at the front of the room. With a top estimate of £4million pounds, the bid fell just short, but remains one of the highest successful bids ever made for a car on auction.
The Mercedes-Benz 540K was a limited-edition supercharged roadster produced in 1936, just before World War II. In its day the 540K was valued at ten times the price of an average Ford. Only 26 examples were ever built, according to RM Auctions, leading to its incredibly high resale value today.

why the heck did he sell it?