Take the disk out and junk it. Smash the platters with a hammer.
If you really want to save the disk and pass it on, you can buy IDE to USB adapters. Take the disk out, use the adapter and plug it in to a Linux PC, format to your hearts content.
Bear in mind that formatting, zeroing or randomising the disk dara may not completely wipe the data, and forensic tools may be able to recover it. So if its sensitive, go with the hammer option (and consider further destruction if very sensitive).