The first shot of Zagato's commemorative Ferrari 575 GTZ, a bespoke homage to Zagato Ferraris of the '50's and '60s, was released this week. The rebodied 575, which will be unveiled at the Villa D'Este Concours D'Elegance in Italy next week, is pictured with Yushiyuki Hayashi — the collector who commissioned the glorified hot rod. Despite looking like a shortened Scaglietti that's been strategically pumped up with helium, it's pretty sharp. Multimillion-dollar sharp? We'll see.

Related:
Zagato to Build Commemorative Ferrari 575 [internal]

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