Billionaire Larry Ellison's McLaren F1 For Sale Valued at $23 Million

The McLaren F1 has only been driven 6,500 miles in its 30 year history.

Billionaire Larry Ellison smiles at an event.
Photo by Phillip Faraone/Getty Images

Car collectors with very deep pockets are getting the chance to own one of the world's most celebrated vehicles, but it's going to cost a ton of money.

A McLaren F1, previously bought by billionaire Larry Ellison in 1997, was just listed for sale. The vehicle has only had three owners, including Ellison, and has been driven just 6,500 miles.

The vehicle, which Ellison sold years ago to a collector in Northern California, is listed through Sotheby's with an astonishing current "value in excess" of $23,000,000. While the vehicle is nearly 30 years old, it's had some recent upgrades.

Sotheby's says it's had "Numerous McLaren Special Operations post-production upgrades, including upgraded air conditioning, upgraded radiators, sports exhaust, and aluminum fuel tank."

The car certainly has some history—the listing says it was just one of seven McLaren F1s exported to the US when new via Ameritech.

While it only has 6,500 miles on it, the F1, titled chassis no. 062, was recently serviced by a McLaren shop in Philadelphia and is "ready to drive and enjoy."

The listing continues, "This was the 53rd of 106 road F1s or racing F1 GTRs to be built by McLaren at Woking and was required to pass federal safety and emissions approval to be registered as road legal in California. However, it is believed that this invasive federalization work was only carried out to the first car imported, rather than subsequent cars following, resulting in 062 never being modified for federalization following its completion by McLaren."

While the $23 million price tag may seem like a lot (and it is), it's in the ballpark of other F1 sales including one that went for $20.5 million back in 2021. That sale happened in Pebble Beach, and the vehicle had only been driven 242 miles.

Sotheby's assures whoever ends up with the vehicle can be sure it's been well taken care of, adding, "Chassis number 062 has been carefully looked after by its three private owners, all prominent figures in their respective industries, with no expenses spared regarding maintenance and upgrades."

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