Recently Essex County Council sold a very interesting item on an auction to raise funds for a charity that will raise the standards of young drivers.

So, the item was a car plate with F1 on it. Great. I'd never mind to have such a plate but mind the price that the owner has paid. Yes, almost half a million of pound Sterling.

The lucky owner of the plate is a millionaire Afzal Kahn. A 37 year old entrepreneur runs a car design company in Bradford. The legendary number plate will be placed on Kahn Design's groundbreaking Range Rover Cosworth, which will be launched soon.