Revealed: The stunning London home ex-Formula One tycoon Bernie Ecclestone is selling for £50million


This is the luxury £50million London home ex-Formula One boss Bernie Ecclestone is selling.

Ecclestone, 95, who is said to be worth £3billion, has put the 11-storey glass-fronted property in one of central London’s most upmarket areas through estate agents Michael Elliott.

The building in the heart of swanky Knightsbridge served as his home – the top four floors are a penthouse where he lived with his ex-wife, Croatian model Slavica Radic, and their two daughters Tamara and Petra.

Ecclestone moved out of the building in 2017 after he sold F1 to Liberty Media for £6.4billion and told the Daily Mail: ‘I just don’t use it anymore, there’s no need to keep it on, so it’s up for sale and on the market as we speak.

‘I’ve many fond memories of the place; it used to be the family home and of course it’s where F1 was based for years and we made history there with Grand Prix racing.

‘We used to live in the penthouse above the offices, but it’s been empty for years now, a lot of things went on there and all the good work we did with Formula One.’

A glossy 15-page sales brochure put together by Michael Elliott describes the property – which has breathtaking views over Hyde Park – as a ‘generational opportunity to acquire a trophy family office headquarters’.

It adds it is ‘located in prime Knightsbridge, London’s most exclusive neighbourhood home to the world-renowned Harrods department store’.

Ex Formula One boss, Bernie Ecclestone, 95, moved out of the building (pictured from behind)  in 2017 after he sold F1 to Liberty Media for £6.4billion

Ex Formula One boss, Bernie Ecclestone, 95, moved out of the building (pictured from behind)  in 2017 after he sold F1 to Liberty Media for £6.4billion

He has put the 11-storey glass-fronted property (pictured) in one of central London's most upmarket areas through estate agents Michael Elliott

He has put the 11-storey glass-fronted property (pictured) in one of central London’s most upmarket areas through estate agents Michael Elliott

The building (pictured) in the heart of swanky Knightsbridge served as his home with his ex-wife, Croatian model Slavica Radic, and their two daughters Tamara and Petra

The building (pictured) in the heart of swanky Knightsbridge served as his home with his ex-wife, Croatian model Slavica Radic, and their two daughters Tamara and Petra

Ecclestone's property portfolio also consists of a £23million chalet in Gstaad, where in 2012, he married his third wife, Brazilian Fabiana Flosi (pictured together, in 2017)

Ecclestone’s property portfolio also consists of a £23million chalet in Gstaad, where in 2012, he married his third wife, Brazilian Fabiana Flosi (pictured together, in 2017)

A handy map also highlights the location of nearby high-end boutiques, including Harvey Nichols, Louis Vuitton and Giorgio Armani, as well as top-notch restaurants, including Osteria Romana and Dinner by Heston Blumenthal.

In total, the property is 15,970 sq feet spread over a lower ground floor, ground floor and nine upper floors with a terrace on the top and a communal garden in the back.

The 1970s building was designed by Turner Lansdown Holt and Partners, who were also behind the Broadmarsh Shopping Centre in Nottingham, and is described as a ‘notable example of modern architecture with a striking glass facade’.

Perhaps ideally suited to another billionaire businessman, the first five floors of the property are designed as office space with a ‘designated entrance and lift’, which also ‘benefits from natural light with unrivalled views across Hyde Park’.

The top four floors are the four-bed penthouse which has a ninth-floor terrace, while the lower floors are designated for staff and have a self-contained entrance and lift.

Plans have also been drawn up to refurbish the building should any prospective buyer be keen to do so – but insiders say so far there has been little interest.

When he first purchased it in the late 1980s, he spent £2million removing marble fittings that controversial arms dealer Adnan Khashoggi had installed.

It soon became his home and the nerve centre of his Formula One empire. The first thing visitors would see in the ground-floor waiting room was a bronze sculpture that depicted one million dollars, stacked in four neat piles of cash, while the second was another bronze statue, of two hands locked together.

As boss of F1, Ecclestone had a reputation for his skills at deal-making and the statues encapsulate his way of business thinking – as he managed to turn motor racing into one of the world’s biggest sports.

He formed relationships with world leaders such as Russian president Vladimir Putin and through the marketing of Formula One, made himself a multimillionaire and ultimately billionaire.

In total, the property (pictured) is 15,970 sq feet spread over a lower ground floor, ground floor and nine upper floors with a terrace on the top and a communal garden in the back

In total, the property (pictured) is 15,970 sq feet spread over a lower ground floor, ground floor and nine upper floors with a terrace on the top and a communal garden in the back

As boss of F1, Ecclestone had a reputation for his skills at deal-making ¿ and he managed to turn motor racing into one of the world's biggest sports

As boss of F1, Ecclestone had a reputation for his skills at deal-making – and he managed to turn motor racing into one of the world’s biggest sports 

F1 is now only outstripped by the World Cup and the Olympics in popularity – its nine-month-long season is watched by billions across the world and rakes in billions through advertising.

As he sat down to lunch Ecclestone, told the Daily Mail: ‘We changed it a lot after we bought it, it used to be a bank before we moved in, the estate agents are looking after it at the moment so I’m leaving it in their hands.

‘It’s not sold yet but to be honest even though we have some good memories there I won’t be sorry to see it go, the thing is I don’t live in England any more, I’m between Switzerland and Portugal where I am now.’

The son of a Suffolk trawlerman made good after trying his hand at selling used cars, he then joked: ‘If you get a customer as a result of your article, I will give you some commission.’

Ecclestone’s property portfolio also consists of a £23million chalet in Gstaad known as ‘Le Lion’, where in 2012, he married his third wife, Brazilian Fabiana Flosi, who at 5ft 10 is six inches taller than him and 46 years younger.

Six years ago, the couple had a son called Ace and they now divide their time between Portugal and Switzerland where they own a £35million villa overlooking the Atlantic Ocean with a tennis court and internal lift for great-grandfather Bernie.

Six years ago, Ecclestone and his wife had a son called Ace and they now divide their time between Portugal and Switzerland where they own a £35million villa (pictured)

Six years ago, Ecclestone and his wife had a son called Ace and they now divide their time between Portugal and Switzerland where they own a £35million villa (pictured)

Besides his properties in Switzerland and Portugal, Ecclestone also had an £8million farm in Brazil – which is bigger than the size of Monaco and supplies coffee to luxury hotels and restaurants.

Over 30 people work on the Ycatu Plantation, where there are around 600 cows and cattle, 18 horses, six ponies, eight dogs, and dozens of chickens and swans.

Expensive Japanese koi carp can also be found in the ponds surrounding the farm’s entrance and employees live on site in one of 22 homes built on a field the size of a football pitch.



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