First seen in prototype form in 1987, the Ferrari 348 entered production in 1989, replacing the popular and successful 328GTB/GTS.

Although mid-engined, as was its predecessor, the 348 differed by mounting its four-valves-per-cylinder, quad-cam V8 3.4-litre engine longitudinally, enabling it to be positioned lower in the chassis.

A further development was the introduction of a transversely mounted five-speed gearbox using innovative technology derived from the company's Formula 1 program.

This meant that the transmission was mounted deeper in the chassis and consequently lowered the centre of gravity which has a beneficial effect on handling and road holding.

Initially typed TB and TS (Transversale Berlinetta and Transversale Spyder) the 348 reverted to Ferrari's traditional nomenclature partway through production.

With its aerodynamic skirts, spoilers, a wheel at each corner, and distinctive gill slots feeding air to side-mounted radiators, the stocky 348 looked very much like a...