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Number One Plate Sells for Nearly $5 Million in UAE

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In the United Arab Emirates (UAE) winning car number plates were all the craze over the weekend as bidders put up millions to secure their own piece of car racing history.

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One such bidder, an Emirati businessman by the name of Arif Ahmad Al Zarouni paid a whopping 18 million dirhams (nearly $5 million U.S.) for the Shajah Number 1 plate. The bid for the No. 1 plate started at 1 million dirhams (approximately $3.6 million U.S.)

Gulf News Transport reported the event was a major hit, and organizers struggled to control the crowds and the bidding. Winning plates were in extreme demand, many of them selling for hundreds of thousands to millions of dollars.

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