Breaking: Jay Leno Reportedly Sold Car Collection to Arab Sheikh

Report

Everything that has value can be bought.

In a report just coming in from a source, "The Tonight Show" host, gearhead, car collector, and all around good guy, Jay Leno is selling his massive car collection featured on "Jay Leno's Garage" to an unnamed Arab Sheikh for an undisclosed sum that's upwards of $1 billion. We knew the U.S. economy was bad, but we're hoping that didn't play any part in a decision to go through with the deal. Shocked? We are too, but then again, Leno owns over 80 cars and another vintage 80 motorcycles.

These all consist of one-offs, the ultra rare, exotics, restored, or all of the above, and many people would love to own them as well. In addition, Leno has maintained each of his motorized treasures in his climate-controlled warehouse museum in Burbank, California. Leno and his crew have put in hundreds of hours working and maintaining these cars, such as a 1931 Duesenberg Model J, a 1909 Stanley Steamer, a Mercedes 300SL Gullwing, a 1,000 horsepower Oldsmobile Toronado, a 1955 Buick Roadmaster with a Corvette suspension and a big-block Chevy V8, and a Blastolene Special powered by an engine taken from a M47 Patton tank.

Leno is also known to be a fan and owner of such brands like Lamborghini, Lotus, Ariel, and McLaren, so it's not at all surprising that a foreign buyer would be highly interested in attaining the many supercars and rare models in the collection. No word yet on whether the possible deal includes part of or any of the many vintage posters and other collectibles that adorn the walls of the warehouses. Those items are also likely worth a pretty penny. We'll keep you updated once more information comes to light.

UPDATE: An individual who claims to work with the Amir of Kuwait, Sheikh Sabah Al Ahmad, contacted us claiming that 'Jay Lenon' (we'll assume he meant Leno) and the Amir have never met and denies any other meetings between the two. That still doesn't mean a sale won't be happening.

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

Hennessey Heritage Edition Ford Truck Makes More Power Than Anything You’ve Got

This crazy beast is even more powerful than the Ford GT.

Ford Imagines A Future With No Traffic Lights

Stopping at junctions could be a thing of the past in the future.

One-Off Ferrari 330GT Speciale Is A 50-Year-Old Dream Come True

This stunning coachbuilding project is a tribute to legendary Italian designer Giovanni Michelotti.

Students Create 600-HP Honda Civic Hybrid Rallycross Machine

Deep Orange 9 is our kind of school project.

Is The Jaguar XE SV Project 8 Way More Powerful Than Advertised?

Jaguar claims the super sedan has 592 horsepower under the hood.

This Is The Road-Going Porsche 935 Targa Of Our Dreams

Let’s hope someone converts the Porsche 935 for the road in real life, too.

1,200-HP Electric Audi Sets A New World Record Driving Backwards

The Porsche GT2 RS Doesn't stand a chance (even going forward)

Self-Driving Range Rover Sport Navigates One Of UK’s Most Complex Public Roads

It’s another milestone in the quest for fully autonomous driving.

What's Hot

Related Cars

Related Reviews