Ferrari 348 Race Cars

1993 to 1995 · Limited edition · 50 built

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Shifty Estimate
$176,500
Low confidence · $132K to $221K
Median · all time
$85,000
Sales · all time
7
Market cap
$8.82M · 50 built
Original MSRP
$130,000Up 36% since new

The market

Every recorded 1993 Ferrari 348 Race Cars sale, by date and price
May 2026 · Cars & Bids
$176,500 · 10,500 mi · Orange
See this car
$100k$200k$300k$400kFeb 20182020202120222023202420252026SHIFTY ESTIMATE $177k
Sold Bid to, not sold
7 sales · 1 unsoldmedian $85kupdated May 2026

Every 348

Sold prices, last 12 months · Oct 19, 2026
Every 348. Sold prices, last 12 months · Oct 19, 2026
Race Cars1993 to 1995Spider1993 to 1995tb1989 to 1993ts1989 to 1993
Shifty Estimate$176,500Low confidence$103,300$95,300$97,500
Sold medianToo few sales to call1 sale$95,0879 sales$128,5006 sales$90,00019 sales
12-month moveToo few sales to callUp 52.9%Up 52.7%Up 15.8%
For saleNone1None3

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.

Sales and listings

Showing 8 of 8 on file