Ferrari Builds a One-Off F8 Spider to Celebrate the Twin-Turbo V8

Ferrari just unveiled the HC25, a fully rebodied F8 Spider built for a single lucky customer.

Before we get into the details, you need to understand how Ferrari’s Special Projects program works. Since 2008, Ferrari has offered its most loyal and most wealthy customers the chance to commission a one-of-one car built from scratch around an existing Ferrari platform. We’re not talking about a one-off color or custom interior trim. We’re talking about a completely redesigned body, bespoke lights, unique wheels, and a cabin customized according to the owner’s taste.

The HC25 is the third Ferrari Special Projects car built on the F8 platform. First came the SP48 Unica in 2022, a radical berlinetta based on the F8 Tributo. Then the SP-8 in 2023, a roofless barchetta derived from the F8 Spider. Now the HC25, also built on the F8 Spider, closes out the trilogy.

Why the F8 Spider Matters

The F8 Spider is significant because it was the last open-top Ferrari to use a mid-mounted, non-hybrid twin-turbo V8. Full stop.

Ferrari has since moved on. The new Amalfi Spider still uses a V8, but it’s front-mounted. The 849 Testarossa, which replaced the SF90 Stradale, is a plug-in hybrid V8. The 296 GTB and GTS use a hybrid V6. And Ferrari has now unveiled its first full EV, the Luce. The mid-rear non-hybrid V8 spider is gone from the production lineup, which makes everything built on the F8’s bones feel like a collector’s piece before it even cools down.

That’s exactly the point Ferrari is making with the HC25. They describe it as “an ideal bridge,” one hand wrapping up the story of the classic mid-engine V8 platform, the other pointing toward where Ferrari is heading with cars like the F80 and 12Cilindri.

The Engine: Nothing New

Under the hood, or rather, behind the seats, is the same 3.9-liter twin-turbo V8 that comes in the F8.

The numbers:

These figures are identical to the standard F8 Spider’s specs. Ferrari didn’t tune it differently. The engine is a carry-over, and deliberately so. The HC25 is a celebration of what this engine is.

The Body: Where All the Money Went

This is where the HC25 punches above. Compared to the F8 Spider, the HC25 is 147mm longer, 27mm wider, and sits 23mm lower. Every panel is different. The scalloped doors of the F8 are gone. The flat engine cover is gone. Even the taillights are replaced by ultra-slim quad LED strips integrated into the rear air vents.

 

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The most striking design element is a wide gloss black band that runs horizontally across the entire car, visually slicing it into a front half and a rear half. It houses the radiator air intakes and heat extraction outlets for the powertrain. The band follows an arrow-shaped path starting at the base of the rear wheels, sweeping forward, curving up over the door, then raking back into the rear screen. The effect makes the car look like it’s in motion at a standstill.

The door handles are something else entirely. Instead of a standard pull-handle, Ferrari milled a long blade from solid aluminum that stretches across the black band like a bridge between the two body halves. You have to look twice to realize it’s even a handle.

Up front, the headlights were designed specifically for the HC25 using lighting modules never before used on any Ferrari. They’re exceptionally slim, with a central indentation that mirrors the shape of the taillights. The daytime running lights are arranged vertically for the first time ever on a Ferrari, running along the leading edge of the front wings in a boomerang shape. The taillight strips at the back, interestingly, look very similar to those used on the recently revealed Ferrari Amalfi.

The paint is matte Moonlight Grey paired with the glossy black band. It is a bold contrast that gives the car a hard, graphic quality unlike anything else in Ferrari’s lineup. The wheels are bespoke five-spoke units in diamond-cut finish, with darker spokes to make the overall diameter look larger.

Inside: Familiar Architecture, Custom Finish

The cabin carries over the F8 Spider’s dashboard architecture. Ferrari didn’t reinvent the interior from scratch for one customer. What they did do is re-trim everything in a grey fabric and add yellow graphics throughout, matching the yellow accents on the Ferrari badges and brake calipers visible from outside. The boomerang shape of the DRLs shows up again in the cabin graphics.

Two Years in the Making

Ferrari says it took almost two years to build HC25. It started with the client putting forward an idea, then the Ferrari Design Studio, led by Chief Design Officer Flavio Manzoni, began developing it. That process went through detailed blueprints, a full-scale styling buck, and multiple verification phases. The client was involved throughout, signing off on every direction before it moved forward. The result is a car built to the same engineering standards as any production Ferrari, just made for one person.

Price? Ferrari hasn’t made it public. They never do for Special Projects cars. But given what these commissions typically involve, you’re almost certainly looking at a seven-figure sum before you even start customizing.

The Bigger Picture

The Ferrari HC25 isn’t just a rich person’s toy. It’s a signal. Ferrari is clearly closing out the chapter on mid-engine, non-hybrid V8 spiders, and they’re doing it with style. Three back-to-back Special Projects cars on the same platform, each more forward-looking in design than the last, each preserving the same pure V8 engine underneath.

The HC25 is the final one. And whoever owns it holds the last expression of that particular formula in Ferrari’s history.