Personal fleet of a Middle-Eastern Potentate
Ranges from Renault Twizy to a Ferrari F430 Spider & various Rolls-Royces and Bentleys
A staggering collection of Ferrari, Rolls-Royce and Porsche motors are to be auctioned off in a cut-price sale after being seized from the personal collection of a London-based Middle Eastern sheikh following a financial dispute.
The sheikh, who lives in Chelsea, West London, is thought to have been dispossessed and the cars impounded by enforcement officers in accordance with a High Court writ.
Leading the sale is a stylish red and white 2012 Ferrari F430 F1 Spider valued at £120,000.
The F430 has a top speed of almost 200mph and can accelerate from 0-60mph in under four seconds.
Another 2012 Ferrari with similarly impressive specifications on offer is a California with an estimated value of £110,000. Both models have less than 500 miles on the clock.
Also of note are a handful of Rolls Royce motors, including a 2011 Ghost with under 3,000 miles driven.
Named after the famous ‘Silver Ghost’ this model generally sells for around £125,000 but can be snapped up for £100,000.
Another Rolls going under the hammer is a highly sought after 1982 Corniche with only 11,000 recorded miles.
The Corniche was one of the sheikh’s first car buys and is said to have spawned his fascination with automobiles.
With such a low mileage the price of £40,000 is well under the market average.
Among the wealth of six-figure sports cars is a somewhat out of place Renault Twizy – a battery powered two seater which the sheikh is thought to have zipped around London in.
Completing the sale are three more Roll-Royces, five Bentleys, a Porsche, Range Rover and Desande.
Damian Jones, head of sales at H&H Classics, which is selling the collection, said: ‘This is a chance to acquire some stunning cars with incredibly low mileages.
‘All of the cars have been little-used, especially the Ferrari models.
‘The cars are so competitively priced to ensure a sale on the day, prospective buyers can certainly expect to pick up a bargain or two.
‘We get cars following court orders from time to time but it’s certainly not a regular occurrence.’
He added: ‘Another draw for these cars is that they come from a well looked after collection kept within garages in some of London’s best postcodes.
‘The sheikh had his own chauffeurs and security staff to ensure the vehicles were maintained properly.
‘Many of the cars have been modified in accordance with the former owner’s designs.
‘The sheer diversity of the vehicles amassed is also worth noting.
‘We have had a lot of interest for the Rolls Royce Corniche, the market for them has grown in recent years.’
The collection will be sold in Droitwich Spa, Worcestershire, tomorrow (7th December).