Formula One Heiress Petra Ecclestone Lists $41.95 Million Brentwood Estate.
Petra Ecclestone, the daughter of Formula One billionaire Bernie Ecclestone, and her husband, Sam Palmer, have recently listed their meticulously renovated Brentwood mansion for a staggering $41.95 million. This comes just four months after the home was threatened by the devastating wildfires that ravaged Los Angeles in early 2025. The couple, who paid $30.5 million for the property in 2023, embarked on an extensive renovation project to enhance the estate’s already impressive features, transforming it into a state-of-the-art residence.
Photo: Mike Kelley
The couple’s decision to sell, while influenced by the fires, wasn't solely driven by them. As Palmer, a successful real estate agent, explained, "We’ve kind of got the itch again to do the next one." This remark reflects the couple’s history of purchasing high-end properties, upgrading them, and selling them at a premium.
Photo: Mike Kelley
In fact, their real estate track record is a significant part of their financial portfolio, with their previous sale of the iconic Holmby Hills estate, known as the Manor, in 2019 for a whopping $120 million. The couple bought the property in 2011 for $85 million, and their renovation efforts made it one of the most expensive real estate transactions in Los Angeles at the time.
Photo: Mike Kelley
Their decision to relocate from the UK to Los Angeles was partly influenced by the neighborhood’s walkability. Ecclestone and Palmer, accustomed to the easy accessibility of shops and restaurants in London, were drawn to Brentwood's vibrant community. "Coming from London, you could walk to shops and restaurants,” Ecclestone said, “We really missed that."
Photo: Mike Kelley
The area offered them a rare combination of luxury living, convenience, and a family-friendly environment. However, in light of the wildfires, many of the areas they loved in Pacific Palisades are no longer the same, adding a layer of emotional weight to their decision to sell.
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The home is situated on a flat half-acre lot, making it an ideal setting for both relaxed family living and grand-scale entertaining. The property spans an impressive 13,500 square feet and includes seven bedrooms, along with staff quarters, making it a perfect choice for those in need of space and privacy.
Photo: Mike Kelley
The interior was redesigned to suit the couple’s lifestyle, with an emphasis on creating both luxurious and functional spaces. This includes a state-of-the-art gym, an upgraded kitchen perfect for hosting, and a grand living room designed for both intimate family gatherings and large parties.
The couple’s investment in the property’s landscaping is also noteworthy. The backyard features an infinity pool, hot and cold plunge pools, and an outdoor shower, as well as a soccer pitch for their four children.
Photo: Mike Kelley
This design prioritizes family fun, with additional amenities such as a treehouse and an in-ground trampoline, ensuring that the space is both beautiful and enjoyable for the kids. These additions reflect the couple’s desire to blend opulence with family-friendly spaces, ensuring that their children’s needs were not overlooked during the renovation process.
After fleeing the wildfires and temporarily relocating to London, the couple remained committed to their home despite the uncertainty surrounding the property’s safety. In the aftermath of the fires, they made a decision to sell, but not before creating a home that could appeal to a new buyer looking for an exquisite combination of luxury, family-focused design, and prime location. The home’s location in Brentwood places it in one of the most desirable neighborhoods in Los Angeles, surrounded by some of the city’s best dining, shopping, and schools.
Photo: Simon Berlyn
Since the fires, the Brentwood real estate market has experienced a surge in activity, with homes in the area selling for significantly higher prices. According to property records, thirteen Brentwood homes sold for $10 million or more in the three months ending May 1, 2025, compared to only five homes during the same period last year. This uptick in sales is largely attributed to displaced residents from Pacific Palisades relocating to the more secure Brentwood area, making the listing of Ecclestone and Palmer’s estate timely and appealing to high-net-worth buyers.
Photo: Simon Berlyn
Palmer, who holds the listing with his colleague Blair Chang of The Agency, has already seen a significant amount of interest in the property, and it’s expected to attract substantial attention given its luxurious offerings. As one of the few homes in Brentwood with such impressive acreage and custom features, it’s clear that this estate will stand out in the competitive Los Angeles market.
Final Thoughts
Petra Ecclestone and Sam Palmer’s Brentwood estate is not just a luxury home; it’s a testament to their passion for real estate, family, and high-end living. The meticulous renovations they’ve made to the property ensure that it is both a practical family home and an entertainer’s dream.
With features like a gym, plunge pools, and a soccer pitch, as well as a prime location in one of Los Angeles’ most desirable neighborhoods, the home is the epitome of Southern California living. The challenges faced during the wildfires have only added to the home’s story, making it all the more unique. For the next fortunate owner, this property offers unparalleled luxury, space, and an unforgettable lifestyle.
