Scottish peer set to make £17 million from classic car sale

Leon Poultney
Scottish peer set to make £17 million from classic car sale
Scottish peer set to make £17 million from classic car sale

Irvine Laidlaw, a Scottish peer and businessman, is auctioning off a collection of rare vintage motorcars that could net him over £17 million.

The Banffshire mill owner's son made his fortune in publishing and sold the Institute for International Research in 2005 for £714 million. It is reported that he is currently worth around £770 million.