The world’s most expensive license plate is up for sale – with a staggering $20 million price tag.
The “F1” registration, which is for a car in the United Kingdom, is listed for sale for the first time in a decade.
Believed to be owned by Kahn Design founder Afzal Kahn, it was last seen on his Bugatti Veyron SuperSport.
It’s the most sought-after plate in the UK – and world – given its links to the pinnacle of motoring: Formula One.
Kahn bought the plate back in 2008 for the now seemingly bargain price of $531,000 from the Essex Council.
The council had owned the plate for 104-years but might be wishing they’d hung onto it a bit longer.
Kahn allegedly turned down a $8.5 million offer in 2014. The plate is now listed on Regtransfers.co.uk with a base fee of $20 million.
But with the addition of taxes any buyer will have to stump up $20.4 million to get the plate.
It would smash the current UK number plate record which stands at $734,546 paid for “25 O”.
A Ferrari collector splashed out on the plate back in 2014 and it’s understood to be fitted to a $14 million Ferrari 250 GT SWB.
Kahn recently posted a photo of the “F1” plate fitted to the Bugatti on Instagram taken last summer.
It’s one of just three made by Kahn Designs – a UK-based car builder which transforms cars into one-offs.
The latest model was a six-wheeled Flying Huntsman based on a Land Rover Defender worth $354,000.