has been offered a 'write-off' settlement by the insurers, and if he accepted that offer the vehcle would become the property of the insurers. They would normally sell such a vehicle to a spares dealer, or crush it for scrap.
We're not however talking about a 'normal' write-off here, and I'm sure that if we're truly honest with ourselves we can see why this man is showing intgerest in getting his wreckage back - even though we might all condemn his motives on moral grounds. My personal view is that an attempt to make money in this way is distasteful in the extreme, but frankly Diana is dead - nothing's going to change that.
I suspect that some anonymous person (and I know who) might pay the £1 million and have the wreckage destroyed after the investigators have finished with it. That's what I would do in his place.