{
  "id": 15605382,
  "title": "McLaren could earn £50m from sale of five Formula 1 cars",
  "url": "https://urgent.news/2026/10/19/mclaren-could-earn-50m-from-sale-of-five-formula-1-cars",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-19T12:00:00.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/mclaren-could-earn-50m-from-sale-of-five-formula-1-cars/"
  },
  "original_language": "en",
  "account": "Five McLaren Formula 1 cars, spanning production from 1991 to 2023, are set to be auctioned off by the renowned racing team. The collection, which includes chassis driven by legendary drivers Ayrton Senna, Lewis Hamilton, and Lando Norris, is anticipated to draw bids between £5m and £10m each. McLaren's chief, Zak Brown, has announced the decision to sell the iconic vehicles, stating they are more suited to be driven and raced rather than languishing in storage. This move aims to preserve and promote the team's heritage and history. The sale is expected to bolster McLaren Racing Ltd's accounts, which are projected to surpass £550m in revenue this year. Brown himself is set to receive a substantial payout of around £75m, following the sale of all minority shares to Bahrain's Mumtalakat sovereign wealth fund and CYVN Holdings for over £3.5bn. Auctioneer Tom Hartley Jnr, who previously handled the sale of Bernie Ecclestone's extensive vehicle collection, will oversee the auction process. The cars on offer consist of two 1991 models, a 2012 vehicle belonging to Jenson Button, a 2021 papaya-colored car owned by Norris, and a 2023 McLaren driven by Norris, the 2022 Formula 1 World Champion. Hartley expressed excitement about representing McLaren in this significant sale, noting their long-standing relationship and mutual assistance in various sales endeavors.",
  "summary": "Five McLaren Formula 1 cars could fetch £50m after the team put chassis belonging to the likes of Ayrton Senna, Lewis Hamilton and Lando Norris up for sale. The models range from 1991 through to 2023 – the most modern Formula 1 car ever offered for private ownership – and are expected to go for [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}