Single buyer snaps up Ojjehs McLaren collection

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FILE PHOTO: Mansour Ojjeh (C) director of TAG Electronics and actor Michael Douglas (L) talk with Michael Schumacher of Germany prior to the Austrian Grand Prix September 21, 1997/File Photo

REUTERS

LONDON - A unique collection of 20 barely used McLaren road cars belonging to the Formula One teams late co-owner Mansour Ojjeh has been snapped up by an undisclosed single buyer, dealer Tom Hartley Jnr said on Wednesday.

The price was not revealed, and no details were given about where in the world the collection might end up.

A value of more than $70 million was mooted when the sale was announced in June, with the highlight of the collection a McLaren F1 sportscar that was the last of its kind to come off the production line.

The car, finished in a unique Yquem colour that was subsequently renamed Mansour Orange by McLaren and that had just over 1,800km on the clock, drew multiple world record offers that were rejected to keep the collection intact.

Only 106 McLaren F1 sportscars were made between 1992 and 1998 and a 1995 one that had done less than 390km sold for $20.4 million in a 2021 auction at Pebble Beach, California.

This is not just a sale -- it is the important and respectful transfer of a legacy, Hartley said in a statement.

Ojjeh, who died in 2021 at the age of 68, was a key figure in launching McLaren Automotive with Formula One team boss Ron Dennis.

The collection is the second sold