Photo courtesy of Russo and Steele.

Photo courtesy of Russo and Steele.

Russo and Steele will be offering the first functional Ford GT prototype at its January auction in Scottsdale, Ariz.

The Ford GT40 concept car was first shown in 2002 to celebrate Ford Motor Company's upcoming centennial. It was designed by Camilo Pardo, the head of Ford's "Living Legends" studio under the direction of Ford design chief J. Mays, according to a release from the auction.

Ford GT prototype CP-1 was the first fully-functional Ford GT prototype built in 2003 as part of the its development phase. It was the first Ford GT prototype to be equipped with an engine, drivetrain, and full interior. The vehicle is adorned by the autographs of 13 members of the original Ford GT design and development team. It is accompanied by factory build sheet documentation, and it retains the test connections and monitoring equipment used during the Ford GT's road and emissions certification testing. 

The auction will be held Jan. 18 to 22 at Salt River Fields at Talking Stick.