Ferrari HC25 Is Here — The Last Pure V8 Roadster

Ferrari's Special Projects programme is the most exclusive service the company offers. It exists for a very small number of clients — the closest and most trusted — who want something that no other person on earth will own. Not a limited edition. Not a variant. A single car, sketched and built entirely to one person's wishes, with the full support of Centro Stile Ferrari and Ferrari's engineering team.

The process for the HC25 spanned approximately two years. The unnamed client worked directly with the Ferrari Design Studio led by Flavio Manzoni — the chief design officer responsible for every Ferrari produced today. The process included full design blueprints, a styling buck, and multiple verification phases to ensure the client's vision was executed with absolute precision. The result — the HC25 — was revealed publicly at the Ferrari Racing Days at Circuit of the Americas in Austin, Texas on May 15, 2026.

The choice of the F8 Spider as the HC25's foundation is not arbitrary. The F8 Spider holds a specific and unrepeatable position in Ferrari's history — it was the last open-top Ferrari built with a non-hybrid, non-electrified twin-turbo V8 engine in a mid-rear position. The F8 Spider has been discontinued. What Ferrari has built now, on top of its bones, is a farewell letter to that era — written in carbon fibre and matte Moonlight Grey paint.

Ferrari's own description of the HC25 captures this directly. It calls the car an ideal bridge — one that concludes the story of the iconic mid-rear V8 platform while simultaneously projecting itself forward into the design language of the brand's flagship models, the 12Cilindri and F80. The past and the future, in a single one-off roadster. Built for one person. Seen by the world.

Under the HC25's bespoke carbon bodywork sits Ferrari's 3.9-litre twin-turbocharged V8 — the F154 engine — producing 710 horsepower at 7,000rpm and 568 lb-ft of torque at 3,250rpm. It drives the rear wheels through a seven-speed dual-clutch transmission. There is no hybrid system. No battery assistance. No electric motor. Just a twin-turbo V8 working entirely alone, the way Ferrari built them before electrification became mandatory.

The performance figures reflect an engine in its most focused state. Zero to 62mph takes 2.9 seconds. Zero to 124mph takes 8.2 seconds. Top speed is 211mph. These are not numbers that need qualifying — they are simply what 710 naturally aspirated horsepower through rear wheels and a seven-speed dual-clutch delivers when Ferrari has had decades to perfect it.

Programme	Ferrari Special Projects — One-Off series
Base Platform	Ferrari F8 Spider
Engine	3.9L twin-turbo V8 (F154) — non-hybrid
Output	710 hp @ 7,000 rpm
Torque	568 lb-ft @ 3,250 rpm
Transmission	7-speed dual-clutch
Drive	Rear-wheel drive
0–62 mph	2.9 seconds
0–124 mph	8.2 seconds
Top Speed	211 mph (340 km/h)
Body	Bespoke — all-new exterior over F8 Spider chassis
Body Finish	Matt Moonlight Grey / gloss black central band
Headlights	Custom — never before featured on any Ferrari
DRL Arrangement	Vertical — first time on a Ferrari
Exhaust Tips	Rhombus-shaped — new to Ferrari
Interior	Fabric and leather upholstery — yellow accents
Designer	Ferrari Design Studio — Flavio Manzoni
Development Time	Approximately 2 years
Units Built	1 — for a single unnamed client
Price	Undisclosed — well into seven-figure territory
Revealed	15 May 2026 — Ferrari Racing Days, COTA, Austin TX

The HC25's exterior is an entirely new body built over the F8 Spider's chassis — only the underlying architecture and powertrain are shared with the original car. The design language reads like a deliberate conversation between Ferrari's past and its present. Voluptuous, sensual surfaces typical of the mid-rear V8 era meet the sharp, geometric confidence of the 12Cilindri and F80.

The most defining visual element is the central black band — a gloss black ribbon that wraps the full width of the car, running from the base of the rear wheels, curving up over the door, then sweeping back to merge into the dramatically raked rear screen. Inside this band, which conceals the air intakes for the radiators and powertrain cooling, is a long blade milled from solid aluminium — within which the door handle is neatly integrated. The result is a flanks-profile of almost total purity, interrupted by nothing.

AI-generated concept illustration of the Ferrari HC25 — not an official Ferrari image. | Rev N Rise

The front headlights were created specifically for the HC25 using modules never before featured on any Ferrari — delivering a very slim lens with a central indentation that mirrors the split design of the rear lights. For the first time on a Ferrari, the daytime running lights adopt a vertical arrangement, exploiting the leading edge of the front wings to create a distinctive boomerang shape. The rear exits through rhombus-shaped exhaust finishers — another first for Ferrari — sitting low in the rear fascia to accentuate the upward movement of the diffuser. Yellow Ferrari shields on the doors and yellow brake calipers provide the only colour against the matte grey and gloss black exterior.

Inside, the HC25 retains the F8 Spider's fundamental cockpit architecture — physical gauges, a classically Ferrari steering wheel with enormous paddle shifters, clean instrumentation. But the upholstery is entirely reimagined. Fabric and leather combine — the fabric carrying yellow accents that echo the DRL boomerang shape on the exterior — in a pairing that feels contemporary without abandoning Ferrari's tradition of tactile luxury.

A small HC25 badge on the passenger side of the dashboard is the only external identifier inside the car. There is no excessive branding, no commemorative plaques, no chest-thumping. Just the badge, the fabric, and the view through that dramatically raked rear screen to the V8 behind. Ferrari and the client spent two years working out every detail of this interior. The restraint on show is itself a form of confidence.

The timing of the HC25 reveal is impossible to separate from the broader Ferrari story unfolding right now. In nine days — on May 25 — Ferrari will unveil the Luce. Its first fully electric car. The end of the combustion engine era at Maranello has not arrived yet, but it is scheduled and confirmed.

The HC25 arrives as a quiet counterpoint to that. Not a protest — Ferrari is committed to the Luce and committed to electrification on its own terms. But a reminder. The mid-rear V8 roadster in its purest, unelectrified form is something Ferrari has spent six decades perfecting. The HC25 is what that perfection looks like in 2026, built one final time for one person, with no hybrid system, no battery pack and no apologies. It is an elegy, written in 710 horsepower.