1965 Ferrari GT 'Shark Nose' among highlights at Russo & Steele

A 1965 Ferrari GT "Shark Nose" was among the highlights of Russo & Steele's January 27-31 auction in Scottsdale.

The lot was a unique variant of the GT, modified with an enlarged grill and single covered headlights.

Ferrari shark nose
The 1966 Ferrari GT 'Shark Nose' features a unique enlarged grill 

It originally belonged to oilman John W Mecom, who founded the New Orleans Saints football team.

The auction house comments: "Said to be one of Enzo Ferrari's favorite models, just over a thousand 330 GT 2+2s were built along two distinct series between 1964 and 1967…

"The offering of 6537 GT provides a truly exciting and rare opportunity for Ferrari connoisseurs to own a truly unique design statement, based on one of Ferrari's best V-12 GT cars of the 1960s and carrying fascinating history."

The car has been in storage for much of the last 30 years, only reappearing in 2007. Since then it has been painstakingly refurbished.  

Other interesting pieces offered in the sale included a 1966 Shelby GT350, which made $187,000.

Also known as the Cobra, it's a classic race car with a strong collector base. Around 3,000 were produced, including a number of rarer variations.   

Several other auction houses held sales in Scottsdale over the weekend; including RM Sotheby's, Barrett-Jackson and Gooding & Company.

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