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£54,441
1992 Ferrari 348 TS Challenge
Japan • 2 Sept 2025
Vehicle Details
AI Listing Summary
This 1992 Ferrari 348 TS Challenge is a rare, race-derived model with only 45 examples produced. It features a recent timing belt replacement, transmission overhaul, and brake service, making it a compelling opportunity for collectors and enthusiasts looking for a historic race entrant.

Condition
6
The car has been modified with racing seats and a roll cage, which impacts originality. The seller notes the seats have been replaced. There is wear on the exterior, interior, and wheels as evidenced by the need for some reconditioning. However, recent maintenance indicates good mechanical care.
/ 10
Transmission:
Manual
Chassis No:
[Chassis No]
Odometer:
32,201 miles
Reg Number:
[Reg Number]
RHD/LHD:
LHD
KEY FACTS A race-derived modern classic, this Ferrari 348 TS Challenge is a remarkably rare example of the factory-prepared series based on the mid-engined V8-powered supercar.
It is powered by a 3.4-litre naturally aspirated V8, driving the rear wheels through a five-speed open-gate manual transmission.
This example was delivered new via Cornes, Ferrari’s official Japanese importer, and is believed to have taken part in only one race: the 1995 Japan Cup at Suzuka.
This 348 TS Challenge is understood to be one of only 45 examples produced, of which just 13 were ‘TS’ (Targa) models.
The odometer indicates 51,823 km, which the seller believes to be accurate, though this is not warranted.
EQUIPMENT AND FEATURES This is one of the early factory-supported Challenge cars, based on the 348 TS and fitted with competition equipment for track use.
This example is finished in the quintessential shade of Rosso Corsa with black lower body panels and various sponsorship decals, over a black an...
Points of note
£54,441
Lowest Price (Since 2020)
£64,081
Median Price (Since 2020)
£330,190
Highest Price (Since 2020)
World Record
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Bottom 40%
The sale price places it in the bottom 40% of sold prices we've ever seen for the Ferrari 348 TS Challenge
Lowest Price
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Average Price
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Rare Sale
This vehicle comes to market rarely. In auction records we've only seen 4 sold before
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Previous Sales
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