Why P1?

A P1 membership is a financially astute and exciting way for car enthusiasts to gain access to a collection of the World's finest supercars.

The shared ownership model allows the substantial costs of owning and running a supercar, including depreciation, insurance, servicing and maintenance, to be shared across the Club membership.

An annual membership fee provides members with access to the club's collection of supercars for a fraction of the cost of ownership of just one supercar.

A comparison with the cost of owning and running a new Ferrari F430 is shown below:

Example: New Ferrari 430 F1, now 12 months old, with just 2,750 miles and one full service. Purchase price when new of £162,000 and a value today of £110,000.

P1 Membership	Ownership
Depreciation (based on the above example) £0	£52,000
Insurance (based on a 40 year old male living in London with maximum no claims bonus) £0	£5,000
Annual service (main dealer) £0	£2,200
Other running costs (tyres, brake pads, valeting, storage, road tax etc.) £0	£1,500
Cost of money (£162,000 invested @ 4.5%) £0	£7,290
P1 Membership with 5,000 miles £14,500	£0
Total Annual Cost £14,500	£67,990
Cost Per Mile £2.90	£24.72