
Ferrari 348 Race Cars
1993 to 1995 · Limited edition · 50 built
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- Median · all time
- $85,000
- Sales · all time
- 7
- Market cap
- $8.82M · 50 built
- Original MSRP
- $130,000Up 36% since new
Collectible

The market
Every 348
| Race Cars1993 to 1995 | Spider1993 to 1995 | tb1989 to 1993 | ts1989 to 1993 | |
|---|---|---|---|---|
| Shifty Estimate | $176,500Low confidence | $103,300 | $95,300 | $97,500 |
| Sold median | Too few sales to call1 sale | $95,0879 sales | $128,5006 sales | $90,00019 sales |
| 12-month move | Too few sales to call | Up 52.9% | Up 52.7% | Up 15.8% |
| For sale | None | 1 | None | 3 |
Specifications
- Engine
- Naturally Aspirated V8, 3.4L
- Power
- 320 hp
- Torque
- 238 lb-ft
- 0 to 60
- 5.2 s
- Top speed
- 175 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Curb weight
- 2,756 lb
- Production
- 50 built
- Original MSRP
- $130,000
- Designer
- Pininfarina
Common questions
How much does a Ferrari 348 Race Cars cost?
A 1993 Ferrari 348 Race Cars cost $130,000 new. Across every sale we have on file, 7 have sold publicly at a median of $85,000. The Shifty Estimate for a well-kept example is $176,500. Cars have changed hands anywhere from $132,375 to $220,625, depending on mileage, color, and history.
What is a 1993 Ferrari 348 Race Cars worth today?
The Shifty Estimate is $176,500. That sits above the $85,000 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. We rate confidence low: 7 public sales in a year is not enough to be firm, and the honest range is wide. Treat it as a starting point, not a valuation.
Is a Ferrari 348 Race Cars a good investment?
It has appreciated 36% against its $130,000 list price. Only 50 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $59,428 to $435,131, and mileage explains most of that.
How many Ferrari 348 Race Cars have sold?
Shifty has 7 public sales of the Ferrari 348 Race Cars on file. The earliest was on Feb 7, 2018.
What is the most expensive Ferrari 348 Race Cars sold?
The highest public sale on file is $435,131, on Feb 13, 2021.
What has a Ferrari 348 Race Cars sold for at auction?
The 3 most recent public sales we have on file:
- $176,500May 30, 2026Orange · 10,500 mi
- $59,428Nov 4, 2023Red
- $85,000Oct 9, 2023Yellow · 35,500 mi
About the 1993 Ferrari 348 Race Cars
With just 50 examples built, the 348 Challenge represents Ferrari's first purpose-built customer race car, establishing a template that continues today. Developed for Ferrari's new one-make racing series, the Challenge featured a tuned 3.4-liter V8 producing 320 hp, along with stripped interior, roll cage, and racing modifications. The $130,000 price tag in 1993 money reflected its specialized nature, this was serious racing equipment, not a weekend track toy. Pininfarina's aerodynamic package included front splitter and rear wing, giving the Challenge its aggressive appearance. Each car came with comprehensive support from Ferrari's racing division, including spare parts and technical assistance. Today, these rare machines command premium prices among collectors who appreciate their motorsport heritage and extreme rarity. The 348 Challenge established Ferrari's customer racing program that would become a crucial revenue stream, making these early examples historically significant beyond their obvious collectibility.
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