Qatari businessman holds extravagant multi-million supercar races

Qatari businessman holds extravagant multi-million supercar races

A wealthy Qatari businessman has found the perfect way to indulge his passion for luxury vehicles – by hosting his very own supercar events.

Petrol-head Mohammed Al Kubaisi said the races have been extremely well-received by Qatar’s rich car enthusiasts.

The motor-minded businessman currently drives a powerful Rolls Royce Ghost – a vehicle with an eye-watering $270,000 (£177,000) pricetag.

Kubaisi’s latest event attracted 50 expensive supercars as well as numerous promoters and sponsors. The next race is set to be held in March.

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The young tycoon earned his fortune going into business with his father at a young age. But for the wealthy 26-year-old the biggest trouble with his costly contest is deciding which of his luxury cars he wants to drive.

Kubaisi’s previous cars include a £150,000 Bentley Continental GT, a £191,000 Mercedes-Benz SLS AMG and a Ferrari 458 Italia worth £200,000.

“I had a Maserati Granturismo S – it was a nice car but I eventually sold it and bought an Aston Martin Rapide which I didn’t think was very good.

“I sold that and bought my very first supercar, the Ferrari 599 GTB which was great but it wasn’t quite powerful enough so I sold it and bought a [Mercedes-Benz] SLS 63 – but again I needed more power.

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“So I waited around six months and bought the Ferrari 458 Italia – which is a great car.”

“Our first event in 2012 was during Ramadan and it went well. We gathered around 30 vehicles including supercars and European models,” he explained.

“We got all the cars from friends and contacts, and also from spotting them on the streets.

“Our next event was held at Qatar Sports Club and was even bigger, we almost had too many cars, including McLarens, Lamborghinis, Ferraris and Mercedes.”

Qatari businessman holds extravagant multi-million supercar races Qatari businessman holds extravagant multi-million supercar races Qatari businessman holds extravagant multi-million supercar races

Source: Express

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Fast and Furious Qatar style: Millionaire businessman, 26, is addicted to supercars

Fast and Furious Qatar style: Millionaire businessman, 26, is addicted to supercars

Meet the young millionaire from Qatar who, at 26, has already owned a Bentley, a Ferrari and now drives a $270,000 Rolls Royce Ghost.

Mohammed Al Kubaisi quickly built up a large fortune when his father handed over the reins to the family business – and like any young man with wealth, he indulged in his passion.

But he has also opened up the world of supercars to the masses by congregating dozens of the coveted luxury vehicles at events in capital Doha.

Usually locked away in the garages of the extremely wealthy or glimpsed roaring the streets of Doha – or Knightsbridge – Mr Al Kubaisi decided to feed his addiction to supercars by gathering together various models, including McLarens, Lamborghinis and Ferraris, in one place, for fans to admire.

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He describes himself as ‘a fan of supercars’ and has owned an enviable fleet, including $235,000 Bentley Continental GT, a $221,000 (£140,000) Mercedes-Benz SLS AMG and a Ferrari 458 Italia worth $240,000 (£160,000).

And his current ride is a powerful Rolls Royce Ghost – which comes with an eye-watering price tag of $270,000 (£175,000)/

Mr Al Kubaisi, who owns a small but successful real estate business which specialises in rentals for expats as well as a garage, said his events have been well received by Qatar’s wealthy car enthusiasts.

From a wealthy Qatari family, he moved to Denver, Colorado, to study at the age of 18. Now, back in Qatar, he is single, and spends his time with friends, playing soccer or with his supercars.

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He says the first event, in 2012, featured around 30 models which were scouted from friends and contacts – and some were even featured after being spotted on the streets of Qatar.

He said: ‘Our first event in 2012 was during Ramadan and it went well. We gathered around 30 vehicles including supercars and European models,’ said Mohammed.

‘We got all the cars from friends and contacts, and also from spotting them on the streets.

‘Our next event was held at Qatar Sports Club and was even bigger, we almost had too many cars, including McLarens, Lamborghinis, Ferraris and Mercedes.’

Fast and Furious Qatar style: Millionaire businessman, 26, is addicted to supercars Fast and Furious Qatar style: Millionaire businessman, 26, is addicted to supercars

Source: Daily Mail