UPDATE: Candy Spelling

It's official!

The sale of showbiz widda Candy Spelling's steroidal Los Angeles, CA mansion is a done deal. According to a press release issued earlier today the 55,000 square foot mega-mansion in the Holmby Hills 'hood was sold for an astonishing $85,000,000 to 22-year old Formula One racing heiress Petra Eccelstone, just as was first reported by the Wall Street Journal.

We're not sure why we heard so much rumor and brouhaha about The Manor being sold to a Indian mega-billionaire Mukesh Ambani but that's what happened.

Mazel Tov Miss Ecclestone! Enjoy rambling and rattling around your gigantic new house.

Any of the children interested in having a look see at the official press release can read it here.

As noted first by the cool kids at Curbed, über-wealthy divorcée Suzanne Saperstein's palatial pile–the 12 bedroom and 15 bathroom Holmby Hills edifice known as Fleur de Lys–came back on to the open market today, the very same day Candy's crib closing was announced to the press. Miz Saperstein, a couture collector of the highest order, opted not drop her previous price and the property still has a $125,000,000 price tag.