In Abu Dhabi, a rare car licence plate with the single-digit number "P7" was sold for a whopping $15 million, which is approximately R218 million. Mind you, a standard personalised number plate with seven letters or numbers can cost around R2 500 to R5 000 in South Africa.
The sale of the licence plate set a new bar in the United Arab Emirates, surpassing a previous record set more than a decade ago for a licence plate with the number "7".
The licence plate was sold at a charity auction, with all proceeds going towards Sheikh Mohammed bin Rashid Al Maktoum’s global food aid initiative, the 1 Billion Meals Endowment. The auction attracted wealthy bidders from around the world, with the winning bid coming from an anonymous buyer.
The P7 licence plate is considered to be one of the most coveted in the world, as single-digit licence plates are extremely rare and highly sought after. The sale of the licence plate not only broke records but also raised significant funds for a worthy cause.
As the gavel came down on the record-breaking sale, attendees cheered and congratulated the buyer on his/her new acquisition. The sale of the P7 licence plate will be remembered as a historic moment in the United Arab Emirates and serves as a reminder of the wealth and extravagance that can be found in the region.
It has come to the attention of Knysna Speed Festival, the owner of the Simola Hillclimb, that Zwartkops Raceway has used Simola Hillclimb’s event regulations for its Top of the Hill event to be held in October.
Continuing the company’s founding vision of Being the Best, is the responsibility of the third generation of Emanuel brothers leading two divisions of the KwaZulu-Natal-based (KZN) automotive mobility group.
BMW Group Financial Services South Africa has announced the appointment of Roger Rooden (photo) as Chief Financial Officer (CFO) of BMW Group Financial Services South Africa.
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A light on my car’s dashboard came on, and instead of fixing the problem, I waited for the bulb to burn out. Crisis solved.
Jarod Kintz
It has come to the attention of Knysna Speed Festival, the owner of the Simola Hillclimb, that Zwartkops Raceway has used Simola Hillclimb’s event regulations for its Top of the Hill event to be held in October.
BMW Group Financial Services South Africa has announced the appointment of Roger Rooden (photo) as Chief Financial Officer (CFO) of BMW Group Financial Services South Africa.
As the world commemorates International Literacy Day on Sunday, 08 September 2024, Ford South Africa reaffirms its commitment to tackling the literacy crisis in the country through its enduring legacy projects.
