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Friday, May 8, 2015

Two Rare Ferraris Could Raise Millions of Dollars for Charity


1960 Ferrari 250 GT SWB photo

Two rare Ferraris are hitting the auction block and are expected to fetch millions of dollars. And it’s all being done in the name of charity.
The British auction house H&H Classics will offer a 1960 250 GT SWB and 1967 275 GTB/4 from the estate of the late Richard Colton, a pre-eminent British V12 Ferrari collector

1960 Ferrari 250 GT SWB interior image

The 1960 Ferrari 250 GT SWB was the second steel, right-hand-drive car delivered – one of a pair of SWBs ordered by Col. Ronnie Hoare to launch Maranello Concessionaires. (That was the name of England’s first Ferrari distributorship.) Just 167 were made with a mere 10 being supplied new to the UK market.

The ‘1995 GT’ chassis for the 1960 Ferrari 250 GT SWB has never been restored in the modern sense, making it that much more attractive to serious collectors, according to H&H Classics.

Interestingly, this was not a car that sat on display. Colton bought it in the late-1970s and covered some 60,000 miles. He frequently took it across the English Channel for road trips in Europe.

1967 Ferrari 275 GTB photo

The 1967 Ferrari 275 GTB/4 chassis 10177 GT is considered by some to be the ultimate front-engined, Enzo-era Ferrari road car. Just 350 of the 300-horsepower, 160-mph berlinettas were made.

The example offered – ‘10177 GT’ – began life as the Maranello Concessionaires demonstrator. Colton swapped a Bentley Speed Six for the Ferrari and proceeded to drive it all over Great Britain and Europe. It has more than 78,000 miles on the odometer.

1967 Ferrari 275 GTB rear photo

The sale of the Ferraris will benefit the Royal National Lifeboat Institution. Ironically, Colton was allegedly afraid of the sea.

The sale will take place at the Imperial War Museum Duxford, Cambridgeshire – Europe’s largest historic aviation center – on October 14. Time to raid the kids’ college funds.