Tom Hartley Jnr has launched his own high-end luxury and classic used car business at a site in Derbyshire.
It marks the end of his working relationship alongside his father and brother in the family business Tom Hartley which has been operating since 1980.
Hartley Jnr said: “It has been a privilege working alongside my father and brother for so long and the decision to branch out on my own to develop a new business has not been easy.
“Professionally speaking, this is the most amicable separation you can imagine but the time is now right for me to put my considerable experience, reputation and energy into a new venture that I can develop in a very personal way.”
The business will take a particular focus on the collector car market. Hartley Jnr has been personally responsible for three of the world’s biggest private treaty sales in the past 12 months, including the sale of a1957 Ferrari 250 Testa Rossa (with unamed sources suggesting the price agreed was £24.1m); the only right hand drive Ferrari California SWB Spider in existence; and the sale of a 1937 Mercedes-Benz W125 Grand Prix car.