Current:Home > StocksFeel the need for speed? Late president’s 75-mph speedboat is up for auction -FutureWise Finance
Feel the need for speed? Late president’s 75-mph speedboat is up for auction
Charles H. Sloan View
Date:2025-04-10 19:57:03
KENNEBUNKPORT, Maine (AP) — It seems former President George H.W. Bush felt the need for speed in the waters off Maine, where he kept a nearly 1,000 horsepower speedboat. And for the right price, someone else can experience its excitement.
The vessel is set to go up for auction on Thursday during the 2024 Presidential Salute auction in Houston, said Hutton Higgins, a spokesperson for the George & Barbara Bush Foundation.
Proceeds from selling the 38-foot (11.5-meter) speedboat “Fidelity V” will be used to expand offerings at the George H.W. Bush Presidential Library & Museum and The Bush School of Government & Public Service at Texas A&M University in College Station, Texas.
Bush purchased the 2011-model Fountain 38CC after both he and his son, former President George W. Bush, had left office.
The watercraft is emblazoned with a presidential seal and boasts three Mercury outboard engines that can propel the vessel to 75 mph (120 kph). The boat was used in the North Atlantic waters off Kennebunkport, where the Texas family has a summer retreat on the Maine coast.
It’s the fifth of George H.W. Bush’s speedboats to bear the name Fidelity. The first is on display at the Bush library and museum, and the fourth is still in use in Kennebunkport, Higgins said.
veryGood! (69)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Dakota Fanning Reveals Unconventional Birthday Gift Tom Cruise Has Given Her Every Year Since She Was 12
- First-in-nation reparations program is unfair to residents who aren't Black, lawsuit says
- Reese Witherspoon Reacts After Nicole Kidman Forgets Her Real Name
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Broad City Star Abbi Jacobson Marries Jodi Balfour
- Judge won’t block North Dakota’s ban on gender-affirming care for children
- Records expunged for St. Louis couple who waved guns at protesters. They want their guns back
- South Korean president's party divided over defiant martial law speech
- Election certification disputes in a handful of states spark concerns over presidential contest
Ranking
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Hallie Biden testifies she panicked when she found gun in Hunter Biden's car
- Horoscopes Today, June 5, 2024
- How Ariana Grande's Brother Frankie Grande Feels About Her Romance With Ethan Slater
- Highlights from Trump’s interview with Time magazine
- Jessica Alba Reveals How She and Cash Warren Reconnected After Previous Breakup
- Little relief: Mortgage rates ease, pulling the average rate on a 30-year home loan to just below 7%
- Watch as huge, 12-foot alligator dangles from grip of grapple truck in Texas
Recommendation
Arkansas State Police probe death of woman found after officer
Free throws, free food: Chipotle to give away burritos during NBA Finals
Migrants are rattled and unsure as deportations begin under new rule halting asylum
Brittany Mahomes Shares “Sad” Update on Her and Patrick’s Future Family Pets
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Video of man pushing Black superintendent at daughter's graduation sparks racism claims
Why Teen Mom's Leah Messer Was Hesitant to Support Her Dad Through His Detox Journey
Texas Droughts Are Getting Much More Expensive