Many people attach great importance to the registration number of a vehicle. Many people base their number selection on numerology, while others are simply looking for interesting numbers. RTOs frequently auction off these special numbers, with the highest bidder getting to keep the number.
We have published articles about people who have spent more than 30 lakhs just to register a car. This applies not only to India but also to other countries. Here is the story of a British citizen who spent a significant amount of money on an “F1” number plate for his car. What did he spend? Well, 132 crore rupees.
F1 number plates have long been a favorite of car owners in the UK. High-end sports vehicles like the Mercedes-McLaren SLR and Bugatti Veyron have been spotted with the temporary license plate. Most automobile fans know that the F1 license plate represents Formula 1.
One of the most coveted motorsport competitions in the world. Unlike regular registrations, the UK government prohibits the use of any other numeric or alphabetic symbol on the number plate, which is why this F1 plate is so expensive. One of the smallest car registration numbers in the world is this.
Further research reveals that this registration number was originally purchased for Rs 4 crores at an auction. The price of this number has climbed in tandem with its attractiveness, as has inflation. Its price has skyrocketed and is now one of the most expensive car registration numbers in the world. This isn’t the first time we’ve noticed people shelling out big bucks for a registration number.
Similar events have reportedly been observed in various places around the world. For example, an Indian businessman bought the registration number “D5” in Abu Dhabi. He still paid around Rs. 67 crores for it even though it is not as expensive as an F1 plate.
Another Abu Dhabi billionaire paid Rs 66 crores to buy the registration number which just contained the letter “1”.
People spend so much money on a registration number for a variety of factors. As already noted, some people choose lucky numbers, while others choose a registration number that matches their astrological sign, date of birth, or some other characteristic. Then there are those who simply like unique numbers and prefer to keep the same registration numbers for all their vehicles.
Mukesh Ambani, India’s richest billionaire, and his family have a large collection of automobiles in their garage, many of which have flashy license plates. In their garage they have a large collection of expensive and fast cars.