A generous businessman has left two multimillion-pound Ferraris to the UK Sea Rescue service, the Royal National Lifeboat Institution in his will.
The two 1960s cars, valued at £2 million and £6 million, were a bequest from Northamptonshire-based
Richard Colton, a prominent member of the Ferrari Owners’ Club.
They will be sold at auction in October to raise funds for the coastal search and rescue charity.
Guy Rose, legacy manager at the RNLI, said the charity was “humbled” to receive the two vehicles – a
Ferrari 250 GT SWB and a Ferrari 275 GTB/4 chassis.
He said: “Leaving a legacy in a will is a very personal decision so we are humbled that Mr Colton chose
the RNLI as the beneficiary of the sale of his two prized Ferraris.”The proceeds will go towards helping our volunteer lifeboat crews save lives at sea.
“As a charity, the RNLI relies on donations to fund its lifesaving work. In fact, six out of ten lifeboat
launches are only made possible through gifts left to us in wills.
“Whether these legacies are large or small, we are deeply grateful to supporters like Mr Colton for their
generosity and support for our charity.”
The RNLI, which was founded in 1824, intends to use the proceeds to help fund a lifeboat, which will
be named after Mr Colton and his wife Caroline.