In 1993 at the Turin motor show Ferrari unveiled the special edition 348 GT Competizione. Produced into the middle of 1994, only 56 units were made, eight of which were right-hand drive. Also known as the 348 GTC, it was Ferrari's last 348 road car and featured the hottest specification of all.

In order to differentiate it from the other 348 models, for the Competizione the doors, sills and bumpers were made from a mixture of super lightweight Kevlar and carbon fibre composite. The car sat on polished 17-inch split rim Speedline wheels.

On the interior Ferrari added Kevlar sill panels, lightweight door trim and cloth-trimmed Kevlar racing seats. All the carpeting was removed from the passenger wells in order to make the car as light as possible. There were also drilled aluminum pedals and a steering wheel inscribed with each cars serial number.

1994 Ferrari 348 GT Competizione

Specifications
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  • Model: 1994 Ferrari 348 GT Competizione
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Under the hood there was a 3,4 liter V8 engine, with a bore and stroke of 85mm x 75mm, with spark plugs between the camshafts, fitted with a Bosch Motronic M2.7 combined fuel injection and ignition system. The engine delivered a total of 320 hp at 7200 rpm and a peak torque of 324 Nm at 5000 rpm.

Power was transmitted from the flywheel to the rear wheels through the clutch, gears, final drive and constant velocity joints. The new transmission was mounted across the rear of the engine in the style of pre-turbo Formula 1 racing Ferraris. The clutch sat at the rear of the drivetrain. The new configuration sited the entire drivetrain four inches lower in the chassis than had the previous model.