Other than Nick Mason and Rowan Atkinson, who else owns an F1?
Why would Elon Musk need the money from selling his F1 in 2007 to fund his business ventures? How could the money he received from selling his F1 in 2007 make a real difference to him back then?Musk owned chassis 067 but sold it in 2007 to a Minnesota investment banker in a cash crunch to support his Tesla and SpaceX ventures. With Elon at the wheel in September 2003, this chassis was actually my very first encounter with a McLaren F1 road car.
A couple of years after Musk sold it, the car famously caught fire in Santa Rosa, California after several months in storage due to a catalytic convertor problem. It appeared totalled, but was able to be rebuilt by the boys at MSO in Woking over the next 12 months or so, preserving the majority of the original chassis. The gentleman who purchased it from Musk still has the car in in his collection today, which now also includes a McLaren P1.
Here's a couple of shots of 067 taken recently in the owner's garage by my friend Alex Bellus.
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>8^)
ER
I have no idea about his financial circumstances, but he has never struck me as a "car guy".Why would Elon Musk need the money from selling his F1 in 2007 to fund his business ventures? How could the money he received from selling his F1 in 2007 make a real difference to him back then?
068 left Costa Rica in mid 2009 after four years and returned to the USA, being acquired by a British collector living in the Boston area. He ended up keeping the car for just one year before selling it to a UK buyer. A month after that transaction took place, chassis 062 sold at auction in Monterey for nearly a million more than the prior transaction for 068 despite there being little difference in those two cars from the perspective of condition or mileage. The UK buyer took the opportunity to almost immediately flip the car for profit, selling it to a Mexican owner. I believe the car has spent most of its time since then in South Texas. There was a rumor the car had been resold again this past year through Ferrari Houston, but at the Ferrari event at Daytona late last year a contact of mine was able to confirm with the Mexican owner that he still has the car.068 is in Costa Rica, and the long lost 039 is in Culican, Mexico.
Erik, did I miss anything?
You might want to revisit Musk's story in those years when he was working to keep both Tesla and SpaceX viable and was not flush with cash. Sure the ~$2.0-2.5M he got selling the F1 isn't going to launch a rocket, but there are other factors to consider like the reoccurring costs to maintain and insure - and after 8 years of ownership, maybe he just didn't feel the need to keep it any longer. Bad timing for him as in the next few years F1s began appreciating in value at a very rapid pace, but I think he's doing well enough these days he could get himself another one if he cared to.Why would Elon Musk need the money from selling his F1 in 2007 to fund his business ventures? How could the money he received from selling his F1 in 2007 make a real difference to him back then?
it does not look too bad but I am sure he is very unhappy about it.Nick Mason's F1 was damaged at the Goodwood meeting today.
He had a bit of a clang.Oh dear, what happened? They only do demos not race them. Glad I got to see it yesterday. Hope it's not badly damaged.
According to this he was.Was Nick driving?
20+ years ago is modern?But watching that makes me marvel for just how good modern racing safety has advanced. A smack that dead on into a wall in the 70's probably meant you were leaving in an ambulance (or worse)...
Show's how far advance the F1 was with the carbon tub... So sadly yes. Just because it's old, doesn't mean it's not a modern concept. We landed on the moon how long ago?20+ years ago is modern?
I agree that it is good but I would hope that things had progressed in the last 20+ years.
Never that's just #fakenewsWe landed on the moon how long ago?![]()