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

Yacht Name: Petara - Yacht Length: 58 m (190 ft) - Guests: 12 in 6 cabins - Crew: 13 in 6 cabins - IMO 9358876 - Yacht Value: US$ 40 million - Owners Name: Bernie Ecclestone - Owners Net Worth: US$ 3.1 billion - Owners Company: Formula One - Owners Country: UK - The yacht is named after Ecclestone’s daughters Petra and Tamara

Yacht Petara II - Bernie Ecclestone

Bernie Ecclestone is the owner of the yacht Petara II.

Who is Bernie Ecclestone?

Bernie Ecclestone is the Chairman Emeritus of the Formula One Group. 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 CEO of the F1 Group and for long he was owner of a large part of the companies shares.

Formula 1 Ownership

Ecclestone 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 when Bernie Ecclestone transferred his ownership of Formula One businesses to his wife, Slavica Ecclestone, in preparation for a 1997 flotation of the group.

Selling 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.

Bernie Ecclestone Net Worth

The net worth of Bernie Ecclestone is estimated at US$ 3.1 billion. He has an amazing car collection, including a Ferrari F12 with private licence plates: F12 BCE and many historic racing cars.

Private Jet

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

Bernie Ecclestone House

Bernie Ecclestone lives 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.

Yacht Petara

The yacht Petara was built at Turquoise in Turkey. At 58 meters, she can accommodate 12 guests and a crew of 13. She can reach as top speed of 18 knots and has a range of 5,000 nm.

Yacht Petara Interior

Her interior is designed by Studio Celeste Dell’Anna. Ecclestone sold his previous yacht (a 48 meter built in The Netherlands) to Eric Clapton, she is now named Va Bene.