Petra Ecclestone's $5M wedding outdoes Kim Kardashian, Kate Middleton nuptials

Formula One owner Bernie Ecclestone and his daughter Petra sit in a car in central Rome before the wedding of Petra with British businessman James Stunt at the Odescalschi castle in Bracciano near Rom... R TIZIANA FABI

Formula One owner Bernie Ecclestone and his daughter Petra sit in a car in central Rome before Petra's wedding to British businessman James Stunt on Aug. 27, 2011.
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(CBS) Move aside, Kim Kardashian and Kate Middleton. There's a new candidate for the most-extravagant-wedding crown.

Croatian heiress Petra Ecclestone has reportedly spent $5 million on a Roman ceremony this weekend which wedded her to businessman James Stunt.

Pictures: The $5 million wedding
Pictures: Kim Kardashian's wedding
Pictures: Celebrity weddings and engagements
Special section: The royal wedding

The Ecclestone-Stunt wedding took place Saturday at the same castle where Tom Cruise and Katie Holmes married, and featured fireworks as well as performances by Eric Clapton and the Black Eyed Peas, according to People magazine.

Like Kardashian, Ecclestone wore Vera Wang - a custom-made $130,000 gown. She arrived for the ceremony in a white Rolls Royce.

Like Middleton, Ecclestone invited Britain's Princesses Beatrice and Eugenia as her guests. Also invited was their mother, Duchess Sarah Ferguson, who was snubbed at the royal wedding in April. Another pair of famous sisters, Paris and Nicky Hilton, also attended.

According to E! Online, the multi-day affair also included a caviar and Cristal pre-wedding dinner with entertainment by Alicia Keys.

Ecclestone, a 22-year-old fashion designer, is the daughter of former Armani model Slavica and Formula One racing chief executive Bernie Ecclestone.

Ecclestone made headlines earlier this year when she paid $85 million for the Los Angeles mansion that was once the home of Aaron and Candy Spelling.

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