1968 Bizzarrini Strada 5300 realises $1m

A 1968 Bizzarrini Strada 5300 led the Keno Brothers' Rolling Sculpture sale in New York on November 18-19 with a final bid of $1m.

The car is one of only 133 specimens - all produced between 1966 and 1968. It was created by the legendary designer Giotto Bizzarrini.

Bizzarini Strada Keno
Giotto Bizzarrini created the Strada 5300 after leaving Ferrari

The auction house explains: "It should come as little surprise that Giotto Bizzarrini, a talented young engineer from a wealthy Italian family, was drawn to the excitement and romance of his nation's blood-red racing cars.

"His passion and talent eventually brought him to Ferrari, where he helped develop three of the most iconic and successful race cars of the era - the 250 TR, the 250 SWB, and the mythical 250 GTO."

After he left Ferrari, Bizzarrini worked for Iso Autoveicoli to develop the Grifo A3/C - a clear influence on the Strada.

A 1969 Lamborghini Miura P400 S sold for $974,400.

The Miura was the fastest production car on the market when it was released in 1966. It introduced a number of widely copied innovations, including positioning the engine in the middle of the chassis.

The record for a 1969 Miura was set at $2.4m earlier this year.

This sale was the first for Keno Brothers Fine Automobile Auctions and brought in a total of $8.3m.

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