Irvine’s winning property formula

The first part of his career involved manoeuvring fast cars around race tracks. Now, Eddie Irvine, the former Formula 1 racing driver, has turned real estate tycoon, and is selling two properties in Florida for close to $50 million.

One luxury home was sold last month for just over $17 million and another is on sale with an asking price of close to $30 million.

Tupelo Sunset LLC, an Irvine-controlled vehicle, along with ...