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Auction news

Rare Ferraris a valuable legacy

HandH_Colton_Ferraris-group

H&H Classics, one of Britain’s oldest classic car auction houses, will hold a sale of two multi-million-pound Ferraris from the Richard Colton collection in a generous legacy left to the Royal National Lifeboat Institution.

The sale will take place at the Imperial War Museum, Duxford, Cambridgeshire – Europe’s largest historic aviation centre – on October 14 and the funds raised will go towards the RNLI’s lifesaving work.

The legacy was left by Northamptonshire businessman Mr Colton, who requested that money raised from the sale of his cars be used to build a new lifeboat called Richard and Caroline Colton, named after himself and his late wife.

1960 Ferrari 250 GT short-wheelbase (SWB) Berlinetta chassis 1995 GT, of which just 167 were made with only ten being supplied new to the UK market.

Unveiled at the 1959 Paris Salon, it is on many experts’ list of the ‘most beautiful cars in the world’. It is certainly one of the most valuable, joining the 250 Testarossa and 250 GTO in the multi-million-dollar club and is a ‘must-have’ for any serious Ferrari collector.

In its day, the 250 GT SWB Berlinetta was the fastest, most accomplished 3.0-litre GT racing car that money could buy. Driven by such greats as Stirling Moss and Phil Hill, from 1960 to 1961 SWBs won the RAC Tourist Trophy, the Tour de France Automobile and the Paris 1000km.

1967 Ferrari 275 GTB/4 chassis 10177 GT – thought by many to be the ultimate front-engined, Enzo-era Ferrari road car.

Another powerful Ferrari that made its debut in Paris, just 350 of the 300bhp, 160mph berlinettas were made, of which only 27 were supplied new to the UK market.

Widely regarded as the best all-round GT car of the 1960s, the Ferrari 275 GTB/4 comfortably eclipsed rivals from Aston Martin, Maserati, Jaguar and Lamborghini. First-time owners included the Hollywood star Steve McQueen, and the car’s peerless handling and delicate steering makes it a far easier car to drive than its more numerous successor, the 365 GTB/4 ‘Daytona’.

The example offered began life as the Maranello Concessionaires demonstrator. Swapping a Bentley Speed Six for the Ferrari in 1974, Mr Colton proceeded to drive it extensively throughout the UK and Europe. Now showing some 78,000 miles on its odometer, like its stablemate 250 GT SWB, the silver 275GTB/4 was a frequent visitor to Scotland, Sweden, France and Italy.

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