Rare Custom Ferrari 550 GTZ by Zagato at Auction

by Jared Paul Stern (RSS feed)
Sep 10th 2010 at 6:03PM

Last year we reported on the ultra-exclusive Ferrari 550 GTZ, a custom coachbuilt convertible by famed Italian design house Zagato. Only five examples were built for wealthy collectors worldwide, all of them spoken for long before the general public even knew the damn thing existed. Using the limited edition Ferrari 550 Barchetta Pininfarina as a platform, the 550 GTZ is based on the one-off Ferrari 575 GTZ built by Zagato for Yoshiyuki Hayashi, an avid Ferrari collector in Japan. Now one of the ultra-rare autos, the only right hand drive example of the 550 GTZ (above), is being put up for auction at Bonhams' Important Motor Cars and Fine Automobilia sale at Mercedes-Benz World in Surrey, UK on December 6 (where Elvis Presley's Mercedes limo is also crossing the block). The fabulous Ferrari is expected to fetch over $1 million and bidding is likely to be fierce.

Tags: auctions, Bonhams, convertible, custom cars, Ferrari, Ferrari 575 GTZ, UK, Zagato