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All You Need to Know About Bernie Ecclestone and his Yacht Petara.

Yacht Length: 58 m (190 ft) - Guests: 12 in 6 cabins - Crew: 13 in 6 cabins - IMO 9358876 - Displacement: 860t - Turquoise - 2005 - Yacht Value: US$ 40 million -

Bernie Ecclestone Net Worth: US$ 3.1 billion - Owners Company: Formula One - Owners Country: UK -

The yacht Petara is named after Ecclestone’s daughters Petra and Tamara.

Petara Yacht - Bernie Ecclestone

Who is Bernard Charles Ecclestone?

Ecclestone is the Chairman Emeritus of the Formula One Group. Ecclestone was born in 1930, his age is 88 years.

The Formula One Group is responsible for the promotion of the FIA Formula One World Championship, and exploitation of the sport's commercial rights.

For 40 years Bernie Ecclestone was Chief Executive of the Formula One group. And for long he was owner of a large part of the F1 company shares.

In 1958 he performed in 2 Grand Prix races as a driver. In 1972, he bought the Brabham team. Nelson Piquet was a driver for the team.

Together with Flavio Briatore he owned the English football club Queens Park Rangers.

Formula 1 Ownership

He took over the ownership of the commercial rights of Formula One from the teams in the 1990s.

In 2000 he leased the commercial rights for 110 years for US $360 million. SLEC Holdings was created as the holding company of the Formula One companies in 1996. Bernie Ecclestone transferred ownership of the Formula One businesses to his wife, Slavica Ecclestone. In preparation for a 1997 flotation of the group.

Sold F1 Shares

In 1999 Ecclestone sold 12.5 of his shares for GBP 234 Million. In 2000 he sold 37.5% of his shares for GBP 625 million. And in 2000 he sold another 25% for GBP 600 million. And in 2005 he sold his remaining 25% to CVC Partners.

The F1 company is now owned by Liberty Media. In 2017 Ecclestone was replaced by Chase Carey as CEO of the Formula One Group. But he was appointed as chairman emeritus. And as adviser to the board.

Bernie Ecclestone Net Worth

His net worth is estimated at US$ 3.1 billion.

He has an amazing car collection. The collection includes a Ferrari F12 with private licence plates F12 BCE. He also owns many historic racing cars.

Private Jet

Ecclestone owns a Dassault Falcon 7X private jet, with registration N999BE. A Dassault Falcon 7X has a list price of US$ 40 million. The jet can accommodate 14 passengers.

Bernard Charles Ecclestone House

He lives with his wife Fabiana Ecclestone in a large mansion on Chelsea Square in London. He sold his previous London mansion for US$ 90 million to Lakshmi Mittal.

He also owns a chalet in Gstaad known as Le Lion. The Ecclestone family owns many houses all over the world.

His daughter Petra owns the famous Manor, the mansion built for Aron Spelling. The Manor was put for sale by Petra Ecclestone for US$ 200 million. His daughter Tamara owns a US$ 70 Million mansion in London.

Petara Yacht

The yacht Petara was built at Turquoise in Turkey. At 58 meters, she can accommodate 12 guests and a crew of 13.

The yacht is powered by 2 Caterpillar engines. She can reach as top speed of 18 knots. Her cruise speed is 16 knots. The luxury yacht has a range of 5,000 nm.

Yacht Charter

The boat is not available for yacht charter.

Yacht Interior

Her interior is designed by Studio Celeste Dell’Anna. Ecclestone sold his previous yacht to Eric Clapton. He named her Va Bene. Va Bene is a 48 meter motor yacht built in The Netherlands.

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