Music mogul Simon Cowell is reportedly gearing up to launch a new car show to rival Top Gear.
The 61-year-old is developing the format and eyeing up potential talent and producers.
Simon is worth and estimated £385 million and is the owner of a range of expensive cars including a Rolls-Royce Phantom, a Lamborghini Gallardo Spyder, an Eagle Speedster, a £1million Bugatti Veyron and a Rolls-Royce Silver Cloud.
Speaking to The Sun, a source said: “Simon has always been a huge car lover — and a car show is always something he has been interested in doing.
“He was famously a guest driver on Top Gear and loves talking cars. He has been approached by a number of well-known car experts and racing drivers wanting to partner with him over the years.
“Right now there feels like an especially large appetite,” the source continued.
“The idea of a new car show is really a no-brainer for him.”
Last month it was revealed that Simon was axing long-running show The X Factor after a whopping 17 years.
First debuting back in September 2004, the ITV talent show went on to become one of the biggest franchises of all time.
The show famously launched the careers of big name artists like One Direction, Little Mix, JLS and Leona Lewis.
But in the years since, the series has become stale and with viewing figures continuing to dwindle, bosses decided to pull the plug.
Meanwhile Top Gear has undergone a series of changes in recent years.
Once hosted by controversial presenter Jeremy Clarkson, Richard Hammond and James May, the show suffered a dip in viewing figures when their main stars jumped ship to form a new motoring series, The Grand Tour.
The show is now presented by former cricketer Andrew Flintoff and comedian Paddy McGuiness.
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Source: Celebrities - dailystar.co.uk