Russo & Steel’s three-day auction during August’s Monterey Car Week reinforced owner Drew Alcazar’s decision last year to move the event to Fishermen’s Wharf, as more than 10,000 enthusiasts streamed through the event’s tents, generating more than $7.1 million in total sales.
The top lot at Russo & Steele proved to be a handsome 1949 Ferrari 166 Inter Berlinetta, one of only 37 166 Inter chassis built in all, and one of just 10 bodied by Stabilimenti Farina, which sold for $1.05 million and eclipsed the previous record for the model by more than $250,000.
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