Former Formula 1 ringmaster Bernie Ecclestone will be putting his racing car collection up for sale—a set that is estimated to be worth "hundreds of millions."

The collection—reportedly worth about $400 million—includes the first Ferrari to win an F1 race and other iconic machines.

His work at the top of the sport made him wealthy beyond imagining. After a 652 million pound tax fraud bill came due, the nonagenarian billionaire has to sell off his collection of cars to help cover it.