The ‘F1’ License Plate is for Sale at a whopping $20 Million

The famed ‘F1’ license plate is on sale again. This time around, its current owner, Afzal Kahn who himself bought it for $619,771 has listed the plate on regtransfer.co.uk for no less than £12,009,995 ($16,96,918 at current exchange rates). Add in the required £16.66 transfer service fee, 20 percent VAT of £2,402,002, and £80 DVLA transfer fee, and you’re looking at the equivalent of $20,300,443. For the same amount of money, you can buy 10 Bugatti Veyrons or six and a half LaFerraris or for that matter, an actual McLaren F1.

Afzal Kahn, who is the owner of Kahn Design and Chelsea Truck Company bought the plate for his Bugatti Veyron 16.4 in 2008 but the plate was recently spotted on a Blue Carbon Super Sport in London. Kahn was also rumored to have turned down a £6 million offer for the plate in 2013.

We hope someone with a Mclaren F1 buys the plate this time because even a $20 million license plate with F1 written on it doesn’t look appropriate on a Bugatti Veyron.

McLaren F1 sells for a Record Price of $15.62 million at Auction