Changing " * " color inside input text

Hi everyone,

I have a form where I have something like the code below. However, I want to change just the " * " color to red. Is that possible?

<input type="text"  value="Name *" name="name" onFocus="if((this.value=='Name *')){this.value='';}" onBlur="if((this.value=='')){this.value='Name *';}" />
<input type="submit" value="" class="btn" />

Thanks in advance.