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Afzal Kahn turns down six million pound offer for F1 license plate - report

 Afzal Kahn turns down six million pound offer for F1 license plate - report
Afzal Kahn from Project Kahn with F1 license plate

Originally bought it for 440,625 pounds

How much would you pay to own Britain's highly prized "F1" license plate? £100,000? £500,000? Try £6,000,000 but even that wasn't enough to temp Afzal Kahn - from A Kahn Design - who currently uses the plate on his Bugatti Veyron.

According to the Daily Mail, Kahn declined the offer despite having only paid £440,625 ($685,745 / €512,700) for the plate back in 2008. Had he sold the plate, he would have made a healthy profit of about £5.5 ($8.6 / €6.4) million.

When asked about the offer, a spokesperson said "We have received a significant multi-million pound offer for the F1 plate which we rejected out of hand." The representative added "Mr Kahn has no interest in selling F1, which is his favorite plate."

Published Aug 23, 2013 1:40 pm By Michael Gauthier
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Comments (21)

 Ivo_205 Ivo_205
The guy spent half a million on a silly license plate to begin with, he obviously does not give a sh!t about money, we should not waste any time reading this.
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September 5, 2013 10:40 am
 HommeStar HommeStar
It's obviously become quite costly to be dumb these days. I've got high tolerance but this is truly sad. Who offers that sum for such an item. What, did God dress his/her Mercedes with this very plate?! Replicate the damn thing and call it/get a life.
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August 24, 2013 10:48 pm
 RuleZ RuleZ
I wanna be like that when I grow up!!!!
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August 24, 2013 9:46 pm
 KarlT KarlT
Does Kahn have any involvement in F1? Makes no sense on a car/brand that has never participated in F1, and is not an unbroken continuation of the brand that once competed during the 'Grand Prix' days. If Frank Williams or Ron Dennis had it on a car I could understand.....
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August 24, 2013 9:23 am
 quattrosport quattrosport
He could rebuilt a whole African village (city?) with this amount of money ..
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August 24, 2013 5:22 am
 JackBaaitjies JackBaaitjies
Crazy!,in RSA,2 digit plate r45000 with equates to about €4000
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August 24, 2013 4:52 am
 ifudge ifudge
It's mind boggling. A piece of plastic with some printed letters on it worth £6,000,000. Who offers that, and who rejects it?! It's just a number plate. That sort of money could buy a whole lotta car with far greater value.
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August 24, 2013 4:29 am
 jub_al jub_al
where i come from, you can get a custom plate made and keep it for $100 a year....
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August 24, 2013 3:28 am
 Paulds Paulds
Serious question: why does a simple plate could get so expensive?
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August 23, 2013 8:36 pm
 memexe memexe
This is just ridiculous! And please don't bring that "KKK" plate StatesSide(currently on the silver SLR behind him).
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August 23, 2013 7:30 pm
 Wickedated Wickedated
It looks like he uses his F1 plate on an SLR, not Veyron.
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August 23, 2013 6:40 pm
 Cale24 Cale24
Word.
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August 23, 2013 4:17 pm
 pzigly pzigly
I would have accepted it, bought an old F1 car with my profits and then I would have the real deal instead of posing it on a car.
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August 23, 2013 2:31 pm
 taliz taliz
So there are two crazy rich people in this story. One who makes a crazy offer, and the other who's crazy enough not to accept it.
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August 23, 2013 1:46 pm
 Prestige15 Prestige15
I would accept, run off with cash and still keep the F1 place.
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August 23, 2013 1:45 pm