While some London residents are complaining about the noise and behavior of supercar owners on city streets, others are cashing in on the supercar invasion that takes place every summer in the British metropolis. No, I’m not talking about obvious winners such as hotels, restaurants and other businesses, I’m talking about supercar chasers, the folks that run around filming the cars.
23-year-old Paul Wallace is one of them – he owns the “SuperCarsofLondon” YouTube channel that has produced its fair share of interesting videos in recent years. It looks like it made a fair amount of money too, as the channel has racked up more than 65 million views since it was founded five years ago.
According to a report from Metro, Wallace managed to turn his childhood dream into a reality and upgrade from a Vauxhall Astra 1.6 to a used Audi R8 worth £50,000 ($83,755), thanks to revenues from the ads associated with the supercar videos.
Wallace, a student from Watford living with his parents, says he makes up to £1,750 ($2,931) a month, a sum that is said to cover payments on the Audi, insurance, tax, and general running costs.
“It is a dream come true. It is surreal knowing I started this all from filming supercars. Owning a car like this is what I have always dreamed of. It looks amazing inside and out, it drives fantastic and sounds brilliant,” Wallace says, adding that he would like his next car to be a Lamborghini Aventador.
However, on the description of one of his videos with the R8 there is a list of companies titled “My First Supercar Sponsors”. It is not clear whether these firms contributed money on the car or are just technical sponsors. Either way, Wallace is one happy man – scroll down to see the R8 and hear his impressions about it.
By Dan Mihalascu
VIDEO