In 1993 Ferrari introduced a race-prepared version of its V-8 model for use in a new single-marque competition series dubbed the Ferrari Challenge. Ten years later the 360 Modena was transformed into a road-going race car called the Challenge Stradale, which substantially shaved weight through the removal of sound insulation and other creature comforts. The model was equipped with advanced mechanical elements like an F1-style paddle-shifted transaxle, uprated carbon ceramic brakes, and a retuned V-8 engine with higher compression and a resulting additional 25 horsepower (for a total 425 hp).

Ferrari ultimately built fewer than 1,300 examples of the prodigious 360-based Challenge Stradale, approximately 378 of which were specified for North America. The model was an instant classic with Maranello racing connoisseurs, offering the purest and fastest iteration of the already-dazzling 360 Modena.

This handsome and well-maintained Challenge Stradale benefits from a life of mild use and fastidious maintenance by two private owners. Chassis 134741 is believed to be one of only eleven examples finished in black and one of perhaps just two that feature a tri-color racing stripe and a red/black interior. As documented by an original window sticker, the Ferrari was optioned with a fire extinguisher, Hi-Fi stereo CD player, and the rare fitted luggage.

Retailed through Ferrari of Orange County in Costa Mesa, California, the 360CS was sold in November 2003 to an enthusiast residing in California, though he kept the car for less than five months. In March 2004 the Ferrari passed to a Southern California–based collector, and he retained possession for nearly 12 years while routinely servicing the car at respected area dealerships like Ferrari of Newport Beach and the Auto Gallery in Calabasas. In January 2016 the fine Stradale was displayed at the Cavallino Classic, garnering a prestigious Platinum Award.

By March 2016 the Challenge was acquired by Henry Schmitt, and he has only minimally used the car, never putting it on a track, and accruing less than 1,000 additional miles. During his ownership the car has been serviced as needed, including the addition of a new catalytic converter sensor and new tires. Currently displaying less than 10,700 miles, this rakish Ferrari is accompanied by the optional luggage set and owner’s manuals and documented with service records and Carfax report.

The Challenge Stradale offers Maranello enthusiasts a blisteringly fast track-ready 360 that can be equally admired or driven for casual fun, ideal for display at FCA events, supercar Sundays, or local cars-and-coffee gatherings.