Student wins Lamborghini but swaps it for £50,000 cash instead

Student wins Lamborghini but swaps it for £50,000 cash instead

Winning a flash car is a dream come true for most cash-strapped students – especially a Lamborghini.
But for Tom Curtis, his lucky prize has created an opportunity for him to set up his own business.
Tom, 24, landed the 2010 Gallardo Spyder in a national competition.

Tom Curtis won a Lamborghini in a competition but selected a cash prize of £50k to start his own business instead (Picture: NCJ Media)But instead of getting behind the wheel of the 200mph supercar, Tom has taken the option to bank £50,000 in cash instead.
Now, the Newcastle University business student is planning on using the money to shake-up the music industry and help aspiring artists make the breakthrough.
Tom, of North Shields, said: ‘I found out I had won when I was out on a walk with my family on New Year’s Eve.
‘I had been talking to my dad about my plans for 2019 and wanting to start my own company, but I didn’t have the funding.
‘Amazingly, about an hour later I got the news that I had won the Lamborghini. I was in disbelief and thought it was a wind-up at first.

Tom turned down the chance to own a Lamborghini Gallardo (Picture: Getty)‘When I became aware that I could take the cash instead, I didn’t think twice as it’s an opportunity to kick start my dream of growing my own business.
‘My sister is a musician, music has always been my main passion and I want to set up a business that manages young talent and helps them engage and promote themselves better in the digital world.
‘The old me would have blown the cash but I’m determined to use it to transform my life – I want to use the money to grow a successful business that will allow me to buy a number of sports cars in the next five years.’
Tom added: ‘The choice was to have the car for a year and then I could sell it or take the cash alternative now.
‘Its market value is between £60,000 and £70,000 but the insurance on it was going to cost me about £9,000.

Did he make the right choice? (Picture: NCJ Media)‘I’m not on footballers’ wages so the best thing for me was to opt for the £50,000 cash.
‘I suppose, if I was a 50-year-old man, my decision might have been different.’
The competition was ran by VPZ, a vaping specialist.
More: UK

Tom had been smoking for eight years and was going through a 20-pack every day before deciding to switch to vaping six months ago.
He entered the prize draw after being a regular customer at the VPZ store in North Shields.
‘Switching to vaping has changed my life,’ he said.


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