In 1982, Porsche racing sponsors requested that the German automaker’s Exclusive Manufaktur—sometimes called “Sunderwunsch” or “Special Wishes”— program create a unique road car that looked like the world-beating Type 935 racer. The resulting bodywork indeed bore a close resemblance to the aerodynamic 935, with louvered steel front fenders made flush with the hood and fitted with retractable headlamps. The rocker panels were boxed and extended to meet the widened rear quarter panels, which contained new brake-cooling vents with side strakes and an electric fan for additional oil cooling. Wider wheels and tires were fitted at both ends.

Within months, Porsche was overcome with customer requests for the 935-inspired “Flat-Nose” treatment. Unsurprisingly, these cars were typically optioned by only the wealthiest clientele, and with many additional factory upgrades.

In 1987, Porsche finally added the North American Flat-Nose package, known as M505, to the factory catalog, and 200 examples were produced for the model year. This example is finished in Guards Red over black leather and showed less than 7,600 miles on the odometer at time of cataloguing. It was optioned from the factory with a Blaupunkt radio cassette player, limited-slip differential, sunroof, alarm system, and luggage compartment velour carpeting. With this list of desirable factory options, such low miles, and its excellent condition, this is a superb example coveted by any Porsche collector or enthusiast. It is accompanied by the factory manual and maintenance books in a plastic case, a spare, a tool kit, and an air compressor tire inflator.