McLaren F1 for sale....one not-so-careful previous owner

McLaren F1 for sale....one not-so-careful previous owner

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Discussion

Jimmy No Hands

5,011 posts

156 months

Friday 23rd January 2015
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Even looking at one now as I haven't done for a while, it's still such a provocative and meaningful shape. What an iconic car and what a lovely example. I'm surprised to see it isn't a keeper. But then again, £10m is £10m..

Steven_RW

1,729 posts

202 months

Friday 23rd January 2015
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TA14 said:
Try justifying why you think it is better than the day it left the factory new and with no possibility of any inbuilt stress in any component that it may have now.
Good logical point. :-)

I did indeed mean better than most other models that will have aged since the day of production. I didn't articulate my views very well. Work, rushing, busy whilst typing etc.

I'd of course very much like a new one built today from entirely new components however that is not possible and beyond my means even if it was. Conclusion from my perspective, as valuable as it is not, in this situation.. is that I would be entirely happy with Rowan's McLaren. The rest is all speculation on my behalf.

Whilst we are talking, regardless of how useless the LM edition will be on the road, I'd just love to have one. I recall seeing it launch away from the lights at the GoodWood festival of speed and haven't fallen out of love with it since.

Cheers
Steven RW

Edited by Steven_RW on Friday 23 January 14:57


Edited by Steven_RW on Friday 23 January 14:58

h0b0

7,578 posts

196 months

Friday 23rd January 2015
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Could an expensive divorce be the real reason for this? I am sure he has made his fortune but who knows if he still has it.

Lost soul

8,712 posts

182 months

Friday 23rd January 2015
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h0b0 said:
Could an expensive divorce be the real reason for this? I am sure he has made his fortune but who knows if he still has it.
I would think he would have that covered scratchchin

h0b0

7,578 posts

196 months

Friday 23rd January 2015
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It would be an easy way to pay for it though and if he feels the F1 represents something different today to what it was when he bought it he may be looking to cleanse his life by getting rid of it.

Muzzer79

9,901 posts

187 months

Friday 23rd January 2015
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Yazar said:
SturdyHSV said:
Equally Chris Evans isn't where he is because of TV/radio.
Yes he is.

He couldn't have saved up enough money to buy the Virgin Radio stake by working in Tesco now could he.
He ploughed all of his (small) wealth into the Virgin deal and topped up the much, much bigger balance from investors and banks.

The shares then multiplied in value, and he sold for a vast profit. He could have got out of the shares he ended up with for circa £150m IINM, but he held on. Too long as it turns out.

Anyhow - seems Rowan has gone the same way as Harry Metcalfe with his Zonda in that the value of the car has become too high to ignore.
He doesn't drive it that often, he's had a good run with it, it's worth millions - sell and buy a few other things.

EskimoArapaho

5,135 posts

135 months

Friday 23rd January 2015
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It happens to mere mortals with lesser cars, too. I know someone who absolutely loved his E-type, but eventually the ever-increasing value of it got in the way of him taking it out and enjoying it.

A nice problem to have.

DonkeyApple

55,176 posts

169 months

Friday 23rd January 2015
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RobM77 said:
J4CKO said:
Strawman said:
Lost soul said:
J4CKO said:
KTF said:
I am still amazed at how much money Atkinson has made from Blackadder and Mr Bean...
I suspect as well there may be some shrewd investment going on, to be fair the Mr Bean thing was huge, Blackadder is a national treasure but I cant imagine it paid as well as Mr Bean, wonder if he gets a few quid every time its shown on UK Gold ? i.e. every day ?
I would think he produces most of his own stuff as well , as well as other production work
Mr Bean got worldwide syndication, you'll notice there is not a lot of dialogue in it, so hardly any dubbing needed.
Yeah, its just as unfunny in Kazakhstan as Slough !
Kids love it though smile
Never understood the Mr Bean thing. He is the park weirdo your parents always warned you about. The shows are more like those 70s Government child safety films. biggrin

tim0409

4,394 posts

159 months

Friday 23rd January 2015
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Muzzer79 said:
Yazar said:
SturdyHSV said:
Equally Chris Evans isn't where he is because of TV/radio.
Yes he is.

He couldn't have saved up enough money to buy the Virgin Radio stake by working in Tesco now could he.
He ploughed all of his (small) wealth into the Virgin deal and topped up the much, much bigger balance from investors and banks.

The shares then multiplied in value, and he sold for a vast profit. He could have got out of the shares he ended up with for circa £150m IINM, but he held on. Too long as it turns out.

Anyhow - seems Rowan has gone the same way as Harry Metcalfe with his Zonda in that the value of the car has become too high to ignore.
He doesn't drive it that often, he's had a good run with it, it's worth millions - sell and buy a few other things.
I remember reading his book and I am sure the 10 million shares he retained were worth £37 million (although I think at one point he was offered over £50m) - he ended up selling them for £250,000. That's got to of hurt!

Welshbeef

49,633 posts

198 months

Saturday 24th January 2015
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tim0409 said:
I remember reading his book and I am sure the 10 million shares he retained were worth £37 million (although I think at one point he was offered over £50m) - he ended up selling them for £250,000. That's got to of hurt!
I'm pretty confident he has more than made that back by now with all his cars plus well paid job plus countless businesses divis and capital growth.

Good for him.

stuttgartmetal

8,108 posts

216 months

Saturday 24th January 2015
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He's baulking at this years insurance premium.

DonkeyApple

55,176 posts

169 months

Saturday 24th January 2015
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Muzzer79 said:
Yazar said:
SturdyHSV said:
Equally Chris Evans isn't where he is because of TV/radio.
Yes he is.

He couldn't have saved up enough money to buy the Virgin Radio stake by working in Tesco now could he.
He ploughed all of his (small) wealth into the Virgin deal and topped up the much, much bigger balance from investors and banks.

The shares then multiplied in value, and he sold for a vast profit. He could have got out of the shares he ended up with for circa £150m IINM, but he held on. Too long as it turns out.

Anyhow - seems Rowan has gone the same way as Harry Metcalfe with his Zonda in that the value of the car has become too high to ignore.
He doesn't drive it that often, he's had a good run with it, it's worth millions - sell and buy a few other things.
It wasn't that small a wealth as Ginger Productions was one of the most successful indy producers at that time and worth many millions. It's what gave him the collateral for the deal and got him the RB backing.

Kev T360

366 posts

151 months

Saturday 24th January 2015
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In todays sun, up for sale at £8 million. He paid £540'000 in 1997 for it, thats a good return!

Mousem40

1,667 posts

217 months

Saturday 24th January 2015
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I don't believe I'd rather have his patch up of a car than an uncrashed version.

First of all it won't be better than new, they've been hampered by his restriction to leave the original tub in place (whatever condition that was in) and door etc and reglue CF to it, and whatever other bits he wanted to keep original. Yes they'll probably have done the best job of it, but not anywhere near how it came out of a showroom. Better than an unstressed F1 sitting in a garage for 20 years - please!

We also assume all the staff that worked on it are as good as the staff when it was originally made, who knows?

Secondly, so many of the original parts will have been replaced. Is that what everyone really wants? I remember having a look at Chris Evans Ex-Coburn car when he brought it to Autoitalia. Everyone was oohing and aaaing, so many brand new parts, so shiny. I thought it was an awful over restoration. No patina, no history.

So let's take this a step further. If McLaren decided tomorrow to produce a one off brand new F1 using brand new or original-new parts would that be worth £8+ Or would the market rather have a pristine original from the 90s? I'd rather have the 90s model anyday

Bi11

53 posts

135 months

Saturday 24th January 2015
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Saw him in it in the commuter traffic around Oundle occasionally. Always brightened the journey up.

IATM

3,791 posts

147 months

Saturday 24th January 2015
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andburg said:
The crashes wouldn't bother me as it was rebuilt by Mclaren with no expense spared, not some cheap bodyshop
+1 - they would be went through it like a fine toothcomb and anything that needed to be done would have been done

Stead79

26 posts

111 months

Saturday 24th January 2015
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I used to look after the dehumidifiers for his cars before he relocated for some time up to Peterborough way. Needless to say it was the one customer I looked forward to seeing the most each year! The F1 was awesome to see in real life and the other cars weren't to shabby. Definitely no museum pieces there! It also inspired me to do what I do now.

I'll also remember the best cup of tea I've ever had made by his butler Richard! biggrin

Megaflow

9,383 posts

225 months

Saturday 24th January 2015
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Mousem40 said:
I don't believe I'd rather have his patch up of a car than an uncrashed version.

First of all it won't be better than new, they've been hampered by his restriction to leave the original tub in place (whatever condition that was in) and door etc and reglue CF to it, and whatever other bits he wanted to keep original. Yes they'll probably have done the best job of it, but not anywhere near how it came out of a showroom. Better than an unstressed F1 sitting in a garage for 20 years - please!

We also assume all the staff that worked on it are as good as the staff when it was originally made, who knows?

Secondly, so many of the original parts will have been replaced. Is that what everyone really wants? I remember having a look at Chris Evans Ex-Coburn car when he brought it to Autoitalia. Everyone was oohing and aaaing, so many brand new parts, so shiny. I thought it was an awful over restoration. No patina, no history.

So let's take this a step further. If McLaren decided tomorrow to produce a one off brand new F1 using brand new or original-new parts would that be worth £8+ Or would the market rather have a pristine original from the 90s? I'd rather have the 90s model anyday
Where did you hear he had requested the original tub must stay?

HertsBiker

6,308 posts

271 months

Saturday 24th January 2015
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Stupid money though. I'd buy a Veyron and be happy with the change.

EskimoArapaho

5,135 posts

135 months

Saturday 24th January 2015
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HertsBiker said:
Stupid money though. I'd buy a Veyron and be happy with the change.
Well, you say that, but an F1 has surely been a fantastic investment as well as a fantastic car. I'll bet some people are ruing the day they bought a lesser car and 'kept the change'.