Ferrari HC25: The One-Off Spider That Closes One Chapter and Opens Another

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Ferrari has pulled the wraps off its latest Special Projects creation at the Ferrari Racing Days in Austin, Texas — the HC25, a bespoke One-Off spider that marks a meaningful milestone in the Prancing Horse’s lineage.

Built on the F8 Spider platform — the last open-top Ferrari to carry the naturally non-hybrid turbo V8 in a mid-rear configuration — the HC25 is the work of Ferrari’s Centro Stile under design chief Flavio Manzoni. But don’t mistake it for a dressed-up F8. In both philosophy and appearance, it stands entirely apart.

An Ideal Bridge

Ferrari describes the HC25 as a bridge between eras: a car that simultaneously concludes the story of the iconic mid-rear V8 spider platform while reaching forward toward the visual language of the brand’s most cutting-edge models — the 12Cilindri and the F80. That’s an ambitious brief for any design team, and the result appears to carry it with confidence.

The silhouette is voluptuous yet disciplined. Muscular surfaces swell around the wheel arches in a way Ferrari fans will find familiar, but the overall form is defined by vertical flanks, sharp crests, and clean geometric rhythms. Pure shapes, precisely executed.

The Black Ribbon

The defining design element is a high-gloss black band — a “functional ribbon” — that wraps around the car’s midsection. It’s not decorative. This band houses the thermal management hardware: radiator intakes, powertrain heat extraction. Form and function, fused. It divides the car into what Ferrari calls a dual-volume structure, with the front and rear reading as two distinct bodies connected through this central element.

Follow that band in profile and it tells the car’s story: it arrows forward from the rear wheel base, rises over the door, takes in a sculpted aluminium blade that doubles as a door handle, then sweeps back to merge into the rear screen. It’s one continuous movement that visually loads weight toward the rear while drawing the cabin forward.

Details Worth Noting

The lighting is bespoke throughout. Up front, a slim headlamp uses modules never before seen on a Ferrari — split by a central indentation that mirrors the divided rear light design. The DRLs break convention by running vertically along the leading edge of the front wings, forming a boomerang shape that reappears as a motif inside the cabin.

The finish is matt Moonlight Grey on the body, giving the forms solidity and weight, while the gloss of the black band creates sharp contrast. Yellow appears as the accent — Ferrari logos, brake calipers, and interior graphics — tying the exterior theme cleanly through to the cockpit. The five-spoke wheels add a final bold note, with diamond-finished rims and dark spokes that play up the diameter.

One Car, One Client

As with all Special Projects One-Offs, the HC25 was developed over roughly two years in close collaboration with a single client. That client shaped the brief, assessed the design through each phase, and will take delivery of something no one else on earth owns — a Ferrari bearing the Prancing Horse badge and built to the same engineering standards as everything out of Maranello, but existing in an edition of exactly one.

With the non-hybrid mid-rear V8 spider now a closed chapter, the HC25 is its final word — and by the look of it, a fitting one.

HC25 – TECHNICAL SPECIFICATIONS

ENGINE

Layout V8 – 90° – Turbo – dry sump

Total displacement 3,902 cc

Maximum power* 720 cv @ 7000 rpm

Maximum torque 770 Nm @ 3250 rpm

Specific power 185 cv/l

Maximum speed 8,000 rpm

Compression ratio 9.6:1

DIMENSIONS AND WEIGHTS

Length 4,758 mm