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Ferrari unveiled the HC25 at Ferrari Racing Days on the Circuit of the Americas in Texas. Created for one client through the Special Projects programme, the open-top car preserves the F8 Spider’s non-hybrid twin-turbo V8 architecture while replacing its familiar body and cabin with a completely individual design.
Every official Ferrari HC25 image
What is the Ferrari HC25?
The HC25 is a one-off road car developed by Ferrari Special Projects, the division responsible for unique commissions built around an existing Ferrari platform. It is not a limited series and it is not a new production model. Ferrari designed and produced one example for one customer.
Its foundation is the F8 Spider, but almost everything visible is specific to the project. Ferrari says the process took approximately two years and included design drawings, a full-size model and several verification phases. The customer worked with the Ferrari Styling Centre, led by Flavio Manzoni, to turn a private brief into a car engineered to factory standards.
The public debut at the Circuit of the Americas was significant. Instead of presenting the HC25 as a static design exercise, Ferrari introduced it during Ferrari Racing Days, surrounded by the marque’s competition and client programmes. That setting placed the project within the living Ferrari ecosystem rather than treating it as a detached concept car.
An F8 Spider beneath a completely new shape
Ferrari retained the platform and powertrain of the F8 Spider. The donor car uses a 3.9-litre twin-turbocharged V8 mounted behind the occupants, a seven-speed dual-clutch transmission and rear-wheel drive. Ferrari’s published specification for the F8 Spider lists 720 cv at 8,000 rpm, 770 Nm at 3,250 rpm, a 0 to 100 km/h time of 2.9 seconds and a 340 km/h maximum speed.
Ferrari has not announced separate performance figures or mechanical changes for the HC25. The defensible reading is therefore that its importance lies primarily in design, craftsmanship and one-off status. The car also has historical resonance because Ferrari describes the F8 Spider as the final mid-engined Ferrari spider powered by a non-hybrid turbo V8.
That distinction gives the project an unusual dual identity. Mechanically, it belongs to the closing chapter of Ferrari’s purely combustion-powered V8 spiders. Visually, it points toward the company’s newer generation of cars.
The black band defines the HC25
The clearest link with contemporary Ferrari design is the dark horizontal band across the nose. It recalls the graphic treatment seen on newer cars such as the 12Cilindri and the F80, yet the rest of the body avoids becoming a simple collage of existing Ferrari references.
A glossy black three-dimensional section divides the side of the car into distinct front and rear volumes. It incorporates the air intakes, continues toward the redesigned and steeply inclined rear screen, and visually moves the cabin forward. A long aluminium blade cuts through this dark section and integrates the door handles.
The result changes how the F8 Spider’s proportions are perceived. The lowered shoulder line, crisp vertical surfaces and muscular rear haunches make the HC25 look wider and more architectural. Its Moonlight Grey matte paint reduces visual noise, allowing the contrasting black surfaces and machined details to carry the composition.
Lighting created specifically for the one-off
The front lights are unique to the HC25. Their slim lenses house modules not previously used on a Ferrari, while the daytime running lights form a vertical signature at the outer edges of the nose. A notch in the lamp graphic establishes a visual relationship with the rear lighting.
At the back, narrow lamps sit within a full-width dark graphic. Cooling outlets with grilles occupy the outer sections, while a new extractor frames two trapezoidal exhaust outlets. These details make the rear look technical without hiding the broad, curved volume over the wheels.
The five-spoke, diamond-cut wheels complete the exterior. Yellow brake callipers and Ferrari shields add the strongest colour accents, a restrained choice against the grey and black body.
The cabin carries the exterior palette inside
The HC25 interior does not attempt to disguise its F8 origins. The dashboard structure, driver-focused controls and central bridge remain recognisable, but the materials and colours have been tailored to the commission.
Ferrari used a sophisticated grey technical fabric for the upholstery, combined with darker surfaces and yellow graphic details. Yellow stitching, seat motifs, the rev counter and smaller accents connect the cabin to the brake callipers and exterior shields.
This continuity matters on a one-off. A unique exterior can feel superficial when the cabin remains generic. In the HC25, the restrained material palette makes the interior read as part of the same design programme while preserving the functional layout of the donor car.
Why the HC25 matters to collectors
One-off Ferraris occupy a distinct place in the collector market. Their value is not determined by normal production comparables because each car combines a factory-recognised chassis, a private commission and a documented design process that cannot be repeated in identical form.
The HC25 adds another layer through its choice of donor platform. The F8 Spider already marks the end of a specific technical lineage, and the one-off transforms that platform using design cues associated with Ferrari’s future. It is simultaneously a farewell to the non-hybrid mid-engine V8 spider and a bridge to a new visual era.
No public price has been disclosed, and Ferrari has not identified the commissioning client. Those omissions are normal for Special Projects cars. For now, the HC25 should be understood as a design-led factory one-off, not as a production preview or a publicly traded model with an established market value.
Ferrari HC25 key facts
The HC25 is a unique Ferrari Special Projects commission based on the F8 Spider. It was developed over approximately two years with the Ferrari Styling Centre and revealed at Ferrari Racing Days in Austin, Texas.
Its defining features include Moonlight Grey matte paint, a glossy black side band, unique front and rear lighting, diamond-cut five-spoke wheels, a redesigned rear screen and a grey technical-fabric interior with yellow accents. The underlying F8 Spider platform provides the non-hybrid 3.9-litre twin-turbo V8 architecture.