This was the dramatic moment that a lifeboat crew lassoed a runaway speedboat - with a perfect rodeo-style throw.Peter Channing, 66, was trying to tie up his boat when he accidentally knocked the throttle and was thrown overboard. Peter had already taken off his kill chord - a safety device that attaches to the skipper's leg and yanks out the ignition key if he falls in.With the engine still running the six-metre speedboat, Lazydaze, began to circle Devon's Teignmouth Quay, threatening to cut Peter up with its propellers.Video released by RNLI