London Daily

Focus on the big picture.
Friday, Oct 09, 2026

Ferraris sale worth £8.5m help fund Pwllheli RNLI boathouse

Ferraris sale worth £8.5m help fund Pwllheli RNLI boathouse

Two rare classic Ferraris cars worth £8.5m have sped up the building of a new lifeboat boathouse in north Wales.

The 1960s cars were donated to lifeboat charity RNLI by footwear entrepreneur and classic car enthusiast Richard Colton after he died in 2015.

The red 1960 Ferrari 250 GT SWB was sold at auction for £6.6m and a 1967 Ferrari 275 GTB/4 raised £1.93m.

Some £2.8m of the legacy helped fund a boathouse on the Gwynedd coast, which officially opened this weekend.

Pwllheli's crew, in fact, marked the "proud day" in their 130-year history with a triple celebration, which also saw the naming and dedication of their new Shannon class lifeboat and a new launch and recovery system.

The new boathouse on the Llyn Peninsula was officially opened by Charles Denton, godson of late Northamptonshire businessman Mr Colton, while its construction was also helped by a £100,000 community fundraising appeal.

Mr Colton, a partner in the footwear company Colton Brothers, died in 2015 aged 82. He was also a member of the V12 section of the Ferrari Owners' Club and had owned other Ferraris.

The new home for the RNLI's latest all-weather lifeboat in Pwllheli

The boathouse is now home to the latest Shannon class RNLI boat, which was named Smith Brothers in a dedication ceremony, and presented to the man who funded the lifeboat, Roger Smith from Tamworth in Staffordshire.

"During my sailing activities I have always had the greatest confidence in the RNLI facilities," said the keen sailor.

"Whilst I have never had to call upon their help myself, I have been part of teams who helped yachts that were then handed over to the RNLI

"Life has been very kind to me, and the RNLI has agreed that I fund a Shannon all-weather lifeboat for Pwllheli.

"The more I get to know the RNLI fundraisers and volunteer crews, the more admiration I have for them."

Tributes were paid to the generosity of Richard Colton, whose Ferraris helped pay for the boat's new home

The chairman of Pwllheli RNLI Lifeboat Management Group said it was "a proud day for all at Pwllheli RNLI and the start of a new chapter in the station's 130-year history".

"On behalf of all at Pwllheli RNLI I would like to thank everyone who has supported Pwllheli Lifeboat Station to help us get to where we are today and make sure that our volunteer crew will be here to save lives for many years to come," said Alan Jones.

Newsletter

Related Articles

0:00
0:00
Close
UK and Germany Finalize Kensington Treaty to Strengthen Defense and Technology Cooperation
Britain Maintains Diplomatic Mission in East Jerusalem Despite Israeli Closure Deadline
English Councils Push Government to Rethink Proposed Funding Cuts
Scottish Homebuilding Falls to Lowest Level in 11 Years
BBC Chief Matt Brittin Defends Restructuring as Staff Challenge Job Cuts
UK Finance Warns High Energy Costs and Bond Yields Are Complicating Fiscal Outlook
UK Adopts All 44 Recommendations on Regulating AI in Healthcare
Chancellor John Healey Prepares Autumn Budget as Borrowing Costs Strain Public Finances
UK Investigators See Strong Indications of Iranian Link After RAF Fairford Security Operation
Laura Trott Pledges Tighter Controls on Political Activism in UK Classrooms
Welsh Ministers Launch Long-Term Review of North Wales and Anglesey Crossings
Welsh Government Orders 18-Month Study of Road Solutions Around Newport
Reform UK MP Sarah Pochin Faces Scrutiny Over £800,000 Second Home Purchase
British Households Grow More Concerned About Fuel and Energy Prices
NHS Leaders Warn of Rising Winter Pressure on Emergency Departments
Kemi Badenoch Proposes £2.3 Billion Employer National Insurance Cut for Young Workers
Middle East Conflict Could Erase UK Fiscal Headroom, Economists Warn
Manchester City Found Guilty of Multiple Premier League Financial Rule Breaches
UK Security Services Find Strong Indications of Iranian Role in RAF Fairford Incident
Costa Coffee Returns to Operating Profit on Iced Drinks and Menu Changes
Asos Warns Customers After Unauthorized Access to Retail App and Data
Kemi Badenoch Puts Growth and Deregulation at Center of Conservative Conference
Campaigners Warn of Deepening Social Care Crisis for Disabled Adults
Study Finds Rising Early-Onset Cancer Rates Among Adults Under 50 in Britain
UK Coach Operators Warn High Diesel Prices Could Force Route Cuts
FCA Opens Independent Review Into Handling of Epstein-Linked Whistleblower Case
Argentina Vows to Block Falkland Islands Offshore Oil Development
UK Chancellor Prepares Fiscal Measures and Welfare Reforms Ahead of Autumn Budget
Sainsbury’s and Morrisons Explore Potential Multi-Billion-Pound Merger
UK Weighs Tariffs on Chinese Electric Vehicles to Align With European Union
UK Threatens Diplomatic Expulsions Over Planned Closure of East Jerusalem Consulate
UK Energy Price Cap Hits Three-Year High as Middle East Conflict Raises Costs
Seventh Arrest Made in Suspected Terror Plot at RAF Fairford
Systemic Education Collapse Sparks Mass Student Uprisings in France
Green Party Faces Backlash Over Resolution Equating Zionism With Racism
Conservatives Debate Scrapping Environmental Rules for New Homes
Cornwall Insight Warns UK Energy Bills Could Approach £2,000 This Winter
UK Coach Operators Warn of Service Cuts as Diesel Prices Exceed £2
Scottish Parliament Approves £68 Billion Budget With New Tax and Property Measures
FCA Opens Independent Review Into Handling of Epstein Whistleblower
UK Government Drops Plan to Suspend Jury Trials in England and Wales
Bank of England Holds Interest Rate at 3.75% as Markets Watch November
Two Iranian Nationals Charged Over Alleged Plot Targeting Manchester Jewish Community
UK Fiscal Headroom Halves to £11 Billion Ahead of Budget, EY Warns
US Bomber Withdrawal From RAF Fairford Prompts UK Security Review
Sarah Wakfer Appointed Chair of Northern Ireland’s Health and Care Regulator
Scotland Housing Completions Fall to 11-Year Low Amid National Shortage
UK Water Companies Face Tougher Oversight and Unannounced Regulatory Inspections
Middle East Conflict Pushes UK Fuel and Wholesale Energy Prices Higher
Andy Burnham Raises Prospect of Second Brexit Referendum in Review of UK-EU Relations
×