Ferrari HC25: A One-Off F8 Spider-Based Roadster Unveiled

Ferrari has unveiled the HC25, the latest model from its Special Projects program. It’s not a production car or a limited edition, but a one-off built for a specific client based on the F8 Spider. The debut took place at the Ferrari Racing Days at the Circuit of the Americas.

The technical foundation is familiar but serious: a 3.9-liter twin-turbo V8 producing 720 hp and 770 Nm. The roadster hits 62 mph in 2.9 seconds and tops out at 211 mph. Power goes through a seven-speed F1 dual-clutch gearbox, with Side Slip Control 6.1 and an electronic eDiff3 differential.

The HC25 makes little attempt to look like a standard F8 Spider. Finished in matte Moonlight Grey, a glossy black band runs across the car, not just as a design element but as part of the cooling system: it houses radiator intakes and heat extraction channels. The design is more geometric and aggressive, with references to the recent F80 and 12Cilindri.

One of the most striking details is the vertical boomerang-shaped daytime running lights—a first for Ferrari. Door handles are hidden in aluminum pieces milled from solid metal, and the body line stretches from the rear wheels through the doors to the rear window. The car doesn’t look like a repainted donor; it’s a standalone design piece.

The interior features gray technical fabric with yellow accents on the seats and dashboard, echoing the Ferrari badges and brake calipers. The wheels are five-spoke with a dark finish and diamond-cut outer edges.

The HC25 is larger than it appears in photos: 4758 mm long, 2006 mm wide, and just 1183 mm tall. Wheelbase is 2650 mm. It rides on 245/35 ZR20 front and 305/35 ZR20 rear tires. Brakes are substantial: 398 mm discs up front and 360 mm at the rear. Despite the performance focus, it still has a 78-liter fuel tank and a 200-liter trunk—unexpected practicality for a one-off Ferrari.

The HC25 continues Maranello’s line of bespoke projects, where the client gets more than just a custom color and trim—they get an entirely new body and identity. In recent years, Ferrari has built the SP48 Unica, SP51, SP-8, and the track-focused KC23. The HC25 stands out as a farewell to the era of the pure, non-hybrid mid-engined V8, but it does so not with nostalgia, but with a cold, sharp edge.

These cars don’t reach showrooms, and there’s no price haggling. Their value lies elsewhere: one owner, one design, one story—and almost no chance of seeing another identical Ferrari, even in a private Monaco garage.