Afzal Khan has reportedly turned down an offer of over £6m for his F1 number plate.
The 'F1' plate was first registered in the UK 104 years ago, when it was more likely a two digit coincidence than a 'private' plate, and until recently was used on a Volvo S80 owned by the chairman of the Essex County Council. F1 chief Bernie Ecclestone and former F1 driver Eddie Irvine had tried to snatch it up in 2005 at Goodwood, but both failed to meet the reserve price.
Back in January 2008 at auction, Afzal Kahn, head of the Kahn Design and Project Kahn aftermarket tuning house, placed the winning bid of £375k, which comes to £440,625 with VAT. The price beat the previous record of £331k paid at a Bonhams auction in 2006 for the 'M1' plate.
Kahn has since assigned the F1 plate to his custom Mercedes SLR McLaren and it is understood that he has now turned down a staggering £6 million offer for the very same plate, claiming it's worth considerably more.