London Daily

Focus on the big picture.
Saturday, Aug 29, 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
Police Intensify Investigation Into Organised Crime-Linked Violence in Middlesbrough
UK Small Businesses Face Continued Revenue and Tax Pressures, Federation Says
M&G Real Estate Buys West Sussex Affordable Housing Portfolio for £29 Million
Royal Navy Warship HMS Tamar Visits Cambodia for Regional Security Engagement
UK Government Brings Forward Benefit Payments Ahead of August Bank Holiday
Four Men Plead Guilty to Arson Attack on Jewish Community Ambulances in North London
Ofgem Raises Great Britain’s Household Energy Price Cap by Four Percent From October
UK Government Rejects Green Party Call for Artificial Intelligence Datacentre Moratorium
Millions of UK Benefit Recipients Receive Payments Early Ahead of August Bank Holiday
UK Prime Minister Meets Northern Ireland Leaders in Belfast Over Budget Crisis
Crypto Tax Gains Reach One Point Three Eight Billion Pounds Among UK Investors, HMRC Data Shows
UK Corporate Confidence Rises to Highest Level Since March, Lloyds Survey Shows
Mike Ashley Attacks UK Government Business Rates and Cost-of-Living Policies
Scottish Universities Face Two Hundred Million Pound Annual Funding Gap, Report Warns
Entertainment Figures Urge UK Government to Protect People From AI Voice Cloning
Manchester Airports Group Confirms Customer Data Breached in Cyberattack
Seven Charged Over Vandalism at Donald Trump’s Turnberry Golf Resort in Scotland
Nearly 23,000 UK Households Expected to Move Home on Busiest Day of 2026
UK Benefit Payments to Arrive Early Ahead of August Bank Holiday
Reform UK Pledges to Replace GDPR and Cut Tax Administration Red Tape
Andy Burnham Launches Work Experience Plan for One Million Young People Outside Education or Work
Andy Burnham Faces Labour Backlash After Dropping Support for Political Donations Cap
Andy Burnham Announces UK-Wide Summit With Leaders of Scotland, Wales and Northern Ireland
Met Office Warns of Heavy Rain and Flood Risk Across England and Wales After Summer Heat
Bank of England Warns AI Adoption Could Reduce Demand for Automatable Jobs
UK Confirms National Salmonella Outbreak With More Than 200 Cases
UK Airports Handle Record 81 Million Passengers Despite Middle East Disruption
Ofgem Raises UK Energy Price Cap by Four Percent to £1,723
Cyber Attack Hits Customer Data Systems at Manchester, Stansted and East Midlands Airports
TSA Unveils Major Airport-Security Overhaul as It Drops Gold+ Privatization Plan
CIA Chief Warned Russia Against Attacking NATO in Secret Moscow Mission
Raheem Sterling Charged With Dangerous Driving After Lamborghini Crash
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
Middlesbrough House Fire Kills Woman and Seven-Year-Old Girl
Prince Harry and Meghan Markle Return to UK Amid Renewed Media Attention
Raheem Sterling Charged With Dangerous Driving After London Collision
Greenpeace Threatens Legal Action Over Crown Estate Offshore Wind Leasing
Nvidia Revenue Surges to Ninety-Six Point Two Billion Dollars on Artificial Intelligence Demand
Meta Agrees to Global Youth Safety Changes Following Multi-State Legal Settlement
UK Government Plans Autumn Summit With Scottish, Welsh and Northern Irish Leaders
CMA Caps Veterinary Prescription Fees at Twenty-One Pounds
Thames Water Pilot Records Forever Chemicals at Thirteen Times the Legal Limit
Kent Meningitis Outbreak Reaches Thirty-Four Confirmed Cases
Forty Children Missing From UK Asylum Accommodation Remain Unaccounted For
UK Court Upholds VAT on Private School Fees
US Designates Palestine Action as Foreign Terrorist Organization
UK Approves Massive New Chinese Embassy Complex in London Amid Security Concerns
Prime Minister Andy Burnham Visits Kyiv and Offers Cruise Missile Designs to Ukraine
Glacier Collapse, Not Earthquake, Triggered Deadly Nepal-Tibet Flood
Andy Burnham Drops Plan to Cap Political Donations
×