Bernie Ecclestone has reportedly placed a £50 million London residence on the market as he continues reducing his collection of luxury assets.
The former Formula 1 boss is selling the property near Hyde Park at age 95, according to the Daily Mail’s Eden Confidential column.
Ecclestone, whose fortune the outlet estimated at approximately £3 billion, does not appear to be selling the home out of financial necessity.
The reported listing instead follows his decision to part with a historic Formula 1 car collection and several yachts he no longer regularly used.
Ecclestone Reportedly Lists His Hyde Park Home for £50 Million
The London residence is being marketed for £50 million in one of the capital’s most expensive areas near Hyde Park.
Ecclestone has owned luxury properties in Britain and other countries throughout his career. He now spends much of his time in Gstaad, Switzerland, with his wife, Fabiana Flosi, and their son, Ace.
The reported listing adds another major asset to the group of possessions Ecclestone has sold or offered to buyers as he considers how his estate should eventually be managed.
He Sold 69 Historic Formula 1 Cars in 2025
In March 2025, Ecclestone confirmed that he had sold his collection of 69 Formula 1 and Grand Prix cars to Mark Mateschitz, the son of late Red Bull co-founder Dietrich Mateschitz. The final price was not disclosed, although British reports valued the collection at approximately £500 million.
The cars covered Formula 1 history dating back to the championship’s inaugural 1950 season. They included vehicles associated with champions Alberto Ascari, Mike Hawthorn, Niki Lauda, Nelson Piquet and Michael Schumacher. Among the most notable cars were Lauda’s Brabham BT46B “fan car,” Ascari’s 1951 Italian Grand Prix-winning Ferrari 375 F1 and the Ferrari Schumacher drove during his dominant 2002 championship season.
Ecclestone told Reuters that finding an appropriate long-term home for the collection mattered more to him than simply accepting the highest offer. Mateschitz said the cars would be preserved and eventually displayed publicly. Most had previously remained inside a secure hangar at Biggin Hill airfield and were rarely available for fans to view together.
Ecclestone Did Not Want to Leave the Cars for His Wife to Manage
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Ecclestone said his age influenced his decision to sell the collection while he could still choose its next owner and determine how it would be preserved. “I would like to know where they have gone and not leave them for my wife to deal with should I not be around,” he said when the collection was offered for sale.
Fabiana supported the decision. She recognized the cars as an important part of Formula 1 history but acknowledged that she was not a collector and would not necessarily know what to do with such a specialized group of vehicles.
Ecclestone and Fabiana married in 2012 and welcomed Ace in July 2020, when Ecclestone was 89. He also has three adult daughters: Deborah from his marriage to Ivy Bamford and Tamara and Petra from his marriage to Slavica Radić.
He Has Also Reduced His Yacht Collection
Ecclestone has applied the same approach to boats that were seeing little use. In October 2025, he confirmed that he had sold Petara, the 58-meter superyacht named by combining the names of his daughters Petra and Tamara.
“We just sold it,” Ecclestone said during an interview with German newspaper Bild. Fabiana explained that the family used the yacht for only eight days during a typical year and no longer needed a vessel of that size.
Ecclestone also disclosed that a smaller yacht moored in Ibiza had been placed on the market. Petara was built by the Turkish shipyard now known as Turquoise Yachts and had been in his ownership for approximately two decades.
He previously owned the yacht Va Bene, which was later purchased by musician Eric Clapton, and acquired Force Blue from former Formula 1 team executive Flavio Briatore.
Ecclestone Still Closely Follows Formula 1
Ecclestone entered motorsport as a driver and manager before purchasing the Brabham team in the early 1970s. Brabham won drivers’ championships with Nelson Piquet in 1981 and 1983 under Ecclestone’s ownership.
Ecclestone later gained control of Formula 1’s commercial and television rights, expanding the championship into new international markets and negotiating increasingly valuable broadcast agreements.
His direct control ended after Liberty Media completed its takeover of Formula 1 in 2017, but Ecclestone has remained an outspoken observer of the sport’s teams, drivers and leadership.
“I still watch every race, even every practice session,” he told Bild, adding that he wakes at the necessary hours to follow events held overseas.