Ferrari 360 Modena:
Specs, Price & the V8 That Went Aluminum

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Quick Takeaways

  • 395 hp from a 3.6-liter flat-plane V8, with 0–62 mph in 4.5 seconds
  • The first Ferrari V8 built on an all-aluminum chassis, developed with Alcoa
  • 17,653 built: 8,800 Modenas, 7,565 Spiders and 1,288 Challenge Stradales
  • Manuals are rare and trade at a large premium over F1-equipped cars

Table of Contents

What Is the Ferrari 360 Modena?

The 360 Modena is a mid-engine V8 sports car built from 1999 to 2005, in coupe and Spider form. It replaced the F355 and was replaced by the F430.

The name comes from two places. 360 is the engine’s 3.6-liter displacement, and Modena is the city where Enzo Ferrari was born. It is also a turning point. The 360 was the first Ferrari V8 built on an aluminum chassis, and its smooth shape left the pop-up headlights and sharp angles of the 1990s behind.

Performance & Specs

The 360 grew in every dimension over the F355, yet it weighed less and went faster. Ferrari cut 0–62 mph from 4.7 seconds to 4.5.

Category 360 Modena
Years 1999–2005
Engine 3.6L V8 (Tipo F131), naturally aspirated
Horsepower 395 hp @ 8,500 rpm
Torque 275 lb-ft @ 4,750 rpm
Transmission 6-Speed Manual or 6-Speed F1 Automated Manual
0–62 mph 4.5 sec (Ferrari claim)
Top Speed 183 mph
Dry Weight 2,844 lb (1,290 kg)

The engine uses a flat-plane crankshaft and titanium connecting rods, making its 395 hp at 8,500 rpm. Buyers chose a gated six-speed manual or Ferrari’s “F1” paddle-shift gearbox, built by Graziano.

The Aluminum Revolution

Ferrari partnered with aluminum giant Alcoa to build the 360’s space frame. It was 40 percent stiffer and 28 percent lighter than the steel structure before it, even though the car grew about 10 percent overall.

The stiffness had a second purpose. Ferrari designed the 360 with a convertible in mind from the start, so the Spider would need only targeted reinforcement instead of a heavy rework.

It worked. The 360 Spider weighs only about 130 lb more than the coupe, and the F430 that followed was a development of the same car.

The Rise of the F1 Gearbox

The F355 introduced Ferrari’s F1 paddle-shift gearbox. The 360 is where it took over, with most buyers choosing the paddles over the gated manual.

  • 1999 — the 360 Modena launches with a six-speed manual or the Graziano-built F1 gearbox
  • 2000 — the Spider debuts at Geneva and outsells the coupe at launch
  • 2003 — the Challenge Stradale brings the one-make race car to the road
  • 2005 — production ends, and the F430 takes over

In the U.S., only 1,139 of 4,199 cars left the factory with three pedals. Today the market pays a large premium for the ones that kept the gate.

The First Ferrari Designed on a Computer

Pininfarina started from a clean sheet, with designer Goran Popović working under design director Lorenzo Ramaciotti. The team explored full-size clay models in 1996 and 1997, then did something new.

The 360 was the first Ferrari fully developed with computer-aided surfacing. Designers refined the shape digitally before milling the clays, then returned to the computer for final adjustments, and the design was frozen for production in 1998.

Design & Interior

The shape was built around airflow. With no traditional grille, air enters through two corner intakes, passes under a flat floor and exits through twin rear diffusers, so the car needs no rear spoiler.

Headlights

Fixed clear covers replace pop-ups, a first for a Ferrari V8 berlinetta.

Engine cover

Glass, showing off the V8’s red crackle-finish cam covers.

Side scoops

Elliptical rear-fender intakes that recall the 250 LM and Dino 206 GT.

Gearbox

Gated six-speed manual or F1 paddle shifters behind the wheel.

Seats

Leather sport seats, with carbon-shell seats offered as an option.

Cabin

Exposed aluminum, leather and body-colored panels around a driver-focused dash.

How Many Ferrari 360s Were Made?

Ferrari built 17,653 road-going 360s across three variants. That’s enough that the car still trades regularly, which makes it one of the most accessible ways into a mid-engine Ferrari V8.

Production Breakdown

Variant Units Produced
360 Modena 8,800
360 Spider 7,565
360 Challenge Stradale 1,288
Total Production 17,653

*Excludes the factory race cars and the one-off 360 Barchetta.

Manuals are the rare ones. Of the 4,199 cars built for the U.S., only 469 Modenas and 670 Spiders came with the gated six-speed manual.

Ferrari 360 Variants

Beyond the Modena coupe, the 360 family grew to include an open Spider, a track-focused Challenge Stradale and a single one-off Barchetta.

Modena vs. Spider

The Spider debuted at the 2000 Geneva Motor Show as Ferrari’s 20th road-going convertible, and it outsold the coupe in the U.S. Thanks to the aluminum structure, it weighs only about 130 lb more than the Modena.

Its powered top folds away above the mid-mounted V8, and larger side intakes feed the engine. Top speed drops slightly to 180 mph. For more open Ferraris, see our Ferrari convertible guide.

Challenge Stradale

The Challenge Stradale arrived in 2003, a road car built around the 360 Modena Challenge race car. Ferrari designed it for 80 percent road use and 20 percent track days.

It made 419 hp and came standard with carbon-ceramic brakes from the Ferrari Enzo. With every lightweight option, including Lexan windows and no radio, it weighed up to 243 lb less than a Modena.

Ferrari said it lapped Fiorano 3.5 seconds faster than the Modena. Its race-car sibling ran in the Ferrari Challenge one-make series, the same championship Ferrari of Fort Lauderdale’s team races in today.

The One-Off Barchetta

In 2000, Fiat’s Gianni Agnelli commissioned a single 360 Barchetta as a wedding gift for Ferrari president Luca di Montezemolo. It drops the roof and roll bars for a low visor, and it’s finished in silver with red pinstriping.

ferrari 360 barchetta

Ferrari 360 Value Today

An F1-equipped 360 is one of the least expensive ways into a mid-engine Ferrari V8, with market benchmarks around $85,000 to $90,000. Manual cars sit near $155,000, and the Challenge Stradale is in a different league entirely.

The gearbox drives the price. As with the F355, the market has separated manual and F1 cars decisively, and the manual’s rarity explains why.

Current Market Value (2026)

Variant Market Benchmark (Nov 2026)
360 Modena, F1 ~$85,000
360 Spider, F1 ~$90,000
360 Spider, Manual ~$156,000
360 Modena, Manual ~$157,000
360 Challenge Stradale ~$520,000
Source: CLASSIC.COM market benchmarks. Condition, mileage and service history drive most of the range.

Highest Ferrari 360 Sale on Record

$1,870,000

A 360 Challenge Stradale sold at Mecum’s Kissimmee auction in Florida in January 2026, several times the going rate for the model at the time.

Strong results aren’t limited to outliers. At Amelia Island in March 2026, another Challenge Stradale sold for $775,000 against a 600,000–700,000 estimate.

If you own a 360 or another collector Ferrari, our specialists can value your car or discuss consignment.

Owning a Ferrari 360

The 360 is one of the easiest Ferraris of its era to own, and a pre-purchase inspection should cover the known points.

  • Belt service: timing belts are due every three to five years. Unlike the F355, the 360’s belt service doesn’t require removing the engine.
  • F1 system: on F1 cars, ask for the clutch wear reading and check the hydraulic pump, the two items that matter most.
  • Sticky interior: the soft-touch coating on switches and trim turns sticky with age. It’s cosmetic, but common.
  • Exhaust manifolds: cracked manifolds are a known issue. Listen for ticking on a cold start.

Ferrari of Fort Lauderdale is a factory-authorized dealer with a full Ferrari service department and Ferrari-trained technicians.

From the F355 to the F430

The 360 is the bridge between two eras. The F355 was the last steel-chassis Ferrari V8, and the F430 built on the 360’s aluminum foundation with more power.

Feature Ferrari F355 (1994–1999) Ferrari 360 (1999–2005) Ferrari F430 (2004–2009)
Engine 3.5L V8 3.6L V8 4.3L V8
Horsepower 375 hp 395 hp 483 hp
Chassis Steel Aluminum space frame Aluminum space frame
Headlights Pop-up Fixed, clear covers Fixed, clear covers
Gearbox 6-speed manual or F1 6-speed manual or F1 6-speed manual or F1

The F430 would also be the last mid-engine Ferrari V8 offered with a gated manual. That makes the 360 one of only two mid-engine, aluminum-chassis Ferrari V8s you could buy with three pedals.

Ferrari 360 FAQs

As of November 2026, market benchmarks put F1-equipped 360s around $85,000 to $90,000 and manual cars around $155,000. The Challenge Stradale benchmarks near $520,000, with a record sale of $1.87 million.

Manual cars are far rarer, with only 469 U.S. Modenas and 670 U.S. Spiders built, and they trade at a large premium. F1 cars cost less to buy, but the clutch and hydraulic pump need regular attention.

Ferrari built 17,653 road cars: 8,800 Modenas, 7,565 Spiders and 1,288 Challenge Stradales.

No. Unlike the F355, the 360’s timing belts can be replaced with the engine in place, though they’re still due every three to five years.

“360” refers to the 3.6-liter V8, and “Modena” honors the city where Enzo Ferrari was born.

Ferrari quoted 0–62 mph in 4.5 seconds and a top speed of 183 mph. The Spider tops out at 180 mph.

A lighter, track-focused 360 introduced in 2003, with 419 hp and carbon-ceramic brakes from the Enzo. Ferrari built 1,288.

The Ferrari F430, introduced in 2004, with a 4.3-liter V8 and 483 hp.

More From the Collection

The 360 sits in the middle of Ferrari’s modern V8 line.

  • Ferrari F355 — the steel-chassis V8 it replaced
  • Ferrari F430 — the V8 that built on the 360’s aluminum chassis.
  • Ferrari Enzo — the hypercar that lent the Challenge Stradale its brakes

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Ferrari of Fort Lauderdale proudly represents Ferrari in Broward County, Greater South Florida, and across the United States.

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