There was news earlier this week that Essex County Council had sold the numberplate F1 to a businessman for £360,000 and would be using the proceeds to assist with road safety initiatives. Here’s the video link for the story »

That’s a fairly obscene price to pay for a numberplate but the new owner reckons he’s bought himself a good investment. Of coure, he could have bought it for around £150,000 when it was up for sale 3½ years ago…