Bernie Ecclestone. Formula One fans would surely recognize that name. That’s because the billionaire is the president and CEO of the fastest motorsport on earth. Aside from having billions in his account, the Formula One Supremo is also the proud owner of many classic cars that enthusiasts would surely love to have. And if you can spend about $6.5 million, you have a shot of buying the most valuable of the classic cars that Bernie is auctioning off.

The billionaire will sell 50 classic cars. And for all that, it is expected that Ecclestone will get about $30.3 million. The information came from the auction house in charge of selling the vehicles. RM Auctions will be overseeing the auction of the 50 classic cars. The reason why Ecclestone is unloading all these goodies, according to RM‘s spokesman Terry Lobzun, is that: “Like any collector, he’s probably looking forward to buying some new items.” I wonder what cars the Supremo would buy with all that money.

The most valuable car on the auction block is a 1937 Mercedes. Estimate for this timeless classic reaches $6.5 million. I’m sure that with the care that the Formula One supremo has given the car, even its Mercedes-Benz fuel filter will be in pristine condition. Other classic cars owned by Ecclestone that will be auctioned off include a 1933 Rolls-Royce Faux Continental and a 1954 Ferrari 250 GT. A Ford Anglia is also part of Ecclestone’s collection which he will be auctioning off.

Aside from the classic cars owned by Ecclestone, the auction will also include 20 more classic cars from an Italian businessman that the RM spokesman did not name. For classic car enthusiasts with money to spend on these timeless classics, the auction that will be held on October 31 in Battersea, Park, London will surely be a place to find new cars to add to a collection.

Ecclestone is currently collecting historic racing cars. It is interesting to note that Bernie bought two cars of the Connaught Formula One Team. Bernie tried to compete in two Grands Prix in his younger days but failed to qualify on both occasions. The first failure to qualify came at the 1958 Monaco Grand Prix and the other one came four races later in that season at the British Grand Prix.