Graypaul Classic Cars News

Two Stunning Ferraris left to the RNLI to be Auctioned

On the 14th October 2015, two incredibly rare and beautiful Ferraris will be auctioned with the estimated £8 million proceeds being donated entirely to the RNLI. Both of the Ferraris were owned by the preeminent V12 Ferrari collector Richard Colton who passed away in March, aged 82.

Richard was a partner in the footwear company Colton Brothers and was known for both his passion for Ferraris and having a lot of respect for the volunteer crews who risk their lives on Britain’s coasts. As such, Richard requested that his two Ferraris be auctioned and the proceeds used to build a new lifeboat named ‘Richard and Caroline Colton’.  Guy Rose, Legacy Manager at the RNLI, commented:

“We are deeply grateful and humbled by Mr Colton’s generous gift and his decision to benefit the RNLI in this way”

One of the exquisite cars to be auctioned is a 1960 Ferrari 250 GT SWB; a car that is often considered to be one of the most beautiful cars ever created. Only 167 250 GT SWB’s were built during its production run and each was built by hand at the factory in Maranello; this meant that each and every 250 GT SWB was slightly different in both dimensions and power. Richard’s example was the second steel, right-hand-drive car to be delivered; as with all 250 GT SWB’s, the car utilises a 3.0-litre V12 that produces around 280bhp and a symphony of noise.

The second Ferrari to be auctioned is a 1967 Ferrari 275 GTB/4, possibly the ultimate front-engined Ferrari road car from the Enzo-era. Sitting in the front of the 275 GTB/4 is a 3.3-litre 4-cam V12 that produces 300bhp and allows the 275 GTB/4 to hit speeds up to 165mph.
Introduced for the first time at the 1966 Paris Motor Show, the 275 GTB/4 was a substantially updated version of the already successful Ferrari 275 GTB. Built by Scaglietti, the 275 GTB/4 featured new bodywork and a reworked Colombo V12. In 2004, the 275 GTB/4 was named one of the ‘Top Sports Cars of the 1960s’ by Sports Car International.

It costs the RNLI around £385,000 a day to run its fleet of lifeboats, complete crew training and run a lifeguard service on more than 200 beaches; all of the money used by the RNLI is donated by the public, speaking about the costs involved Guy Rose said:

“Six out of every 10 lifeboat launches are only made possible because of gifts left to us in wills, so they are vital to saving lives at sea.”

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