Petra Ecclestone planning mammoth party

Petra Ecclestone is planning a party fit for a queen. The socialite daughter of billionaire Bernie Ecclestone will be hosting a post-wedding bash at her new 56,000 square foot mansion in Holmby Hills, California, according to RadarOnline.

Petra is marrying businessman James Stunt in Rome at the end of August.

The 22-year-old bought recently bought her mega-mansion from Candy Spelling for a whopping $85 million dollars.

“Petra will be throwing an over-the-top party at the house after she is married in Rome,” a source said.

“The party will likely take place in late September, early October. She is planning the party as her official coming-out party to Hollywood. The party will be for James and Petra, but leave no doubt, this party is going to be all about her.”

According to source, guests will include “Paris, Nicky, Rick & Kathy Hilton.

“Paris and Petra have been friends for years. Petra has been asking Paris for career advice, which Paris has been more than willing to share. In fact, Rick, who is a top realtor, sold the house to Petra.”