A new record has been achieved for the UK’s most expensive vehicle number plate, the number plate ‘F1′ fetched £440,625. The number plate has been on sale for three years when it belonged to the county surveyor of Essex. Essex County Council sold the registration privately to automotive designer and businessman Afzal Kahn, of Kahn Design Ltd.
The previous record was held by the vehicle registration ‘M1′ which sold for £331,000.
The money will be put towards the training and education of drivers in the county.
Mr Kahn said: “I am privileged to have acquired such a prestigious plate. I am extremely happy the money raised from the sale will help improve road safety and through the training of young drivers.”
He added: “I look forward to the F1 number plate being placed on the ground-breaking Range Rover Cosworth that we will be launching in the June.”
Lord Hanningfield presented the number plate to Mr Kahn at North Weald Airfield in Essex on Monday. Below a video clip of record breaking number plate being presented.