Family selling rare Ferrari for charity

18:00, Jul 25 2013

It is a rare Ferrari, it should fetch millions and it's all going to charity.

Only 10 Ferrari 275 GTB/4 NART Spyders were ever built back in 1967 and this one has been in the Smith family of North Carolina in the US since then.

It was originally bought by Eddie Smith Senior, a Ferrari collector and businessman, and he kept it and drove it until he died about six years ago.

Actor Steve McQueen had one which was ruined in a car accident when it was rear-ended. McQueen tried to buy this car but Smith Senior refused to part with it, saying he simply loved it too much.

His son, Eddie Smith Junior, says the stunningly beautiful car has been "in prison" in their specially prepared garage ever since his father's death and that the car deserved better.

In a heartwarming video interview with, Smith Junior explains why the family is going to auction car next month and that all the proceeds are going to charity.

"It'll be a bittersweet thing, because we know the fact that all the money is going to charities that he would approve of," Smith Junior said about his father.

(It) ".... will really make him smile, because he loved to give back."