Ferrari has unveiled the HC25, a one-off V8 spider created through its Special Projects programme and shown at Ferrari Racing Days at the Circuit of the Americas.
Designed by Ferrari Centro Stile under Flavio Manzoni, the HC25 uses the F8 Spider as its technical foundation, carrying over the layout, chassis and mid-rear internal combustion V8 powertrain.
A final flourish for Ferrari’s non-hybrid open V8 era
The HC25 is especially interesting because it starts from the F8 Spider, the last open-top Ferrari to place a non-hybrid turbocharged V8 behind the cabin.

Rather than simply restyling that car, Ferrari has used the commission to push the familiar proportions toward the visual language of its newest flagships, with echoes of both the 12Cilindri and F80 in its cleaner, more geometric surfacing.
The black band that defines the HC25
The car’s strongest visual idea is a glossy black central ribbon that cuts through the body and separates the front and rear volumes.
That element is not decorative alone, as it incorporates key thermal-management functions including radiator intakes and heat extraction for the powertrain.
In profile, the band sweeps forward from the rear wheel area, rises over the door and then returns toward the rear screen, visually pushing the cabin forward and emphasizing the muscular rear haunches.
Slim lighting and Moonlight Grey surfaces
The HC25’s front lamps were developed specifically for the car, using modules not previously seen on a Ferrari to create an unusually thin lens with a central indentation that mirrors the split treatment of the rear lights.
The daytime running lights adopt a vertical arrangement for the first time, forming a boomerang shape along the leading edge of the front wings.
Ferrari finished the body in matt Moonlight Grey, setting it against the glossy black band and yellow details on the badges and brake calipers.
A private commission with full factory backing
Inside, grey technical fabric is paired with yellow graphics that pick up the boomerang motif used on the exterior.
The wheels use a five-spoke layout with a diamond-finished outer rim, recessed grooves on the outer channel and dark slender spokes that make the diameter read larger.
As a Ferrari One-Off, the HC25 is a single-client commission rather than a series-production model, developed through a process that typically takes around two years from concept to completed car.
For collectors, its appeal is clear: the HC25 is both a personal Ferrari and a marker in the marque’s V8 timeline, closing one chapter of mid-rear open-top performance while pointing toward Maranello’s sharper, more technical design future.




