World’s most expensive ‘F1’ number plate is on sale for £14MILLION
The 'F1' number plate is believed to be owned by Kahn Design founder Afzal Kahn and was last seen on his Bugatti Veyron
THE world's most expensive number plate is up for sale - with a staggering £14.4MILLION price tag.
The "F1" registration is listed for sale for the first time in a decade with the eye-watering value.
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 £375,000 from 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 £6 million offer in 2014 plate and it's now listed on with a base fee of £12million.
But with the addition of VAT and taxes any buyer will have to stump up £14.4million to get the plate.
It would smash the current UK number plate record which stands at £518,480 paid for "25 O".
A Ferrari collector splashed out on the plate back in 2014 and it's understood to be fitted to a £10million Ferrari 250 GT SWB.
all you need to know about number plates
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 £250,000.