For Sale - 1994 Ferrari 348 Factory Challenge | FerrariChat

For Sale 1994 Ferrari 348 Factory Challenge

Discussion in 'Ferraris' started by yelcab, Sep 13, 2021.

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  1. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    12,661
    San Carlos, CA
    Full Name:
    Mitchell Le
    After some thinking through my choices, I am putting up my 348 Challenge for sale. I would like to have it go to another Fchatter so it is listed here first. If that does not work out, BAT will be next.

    The car is a 1994 348TB, in Modena Yellow. It is number 6 of 32 cars manufactured for that year. I have owned it for 10 years and bought it from an owner who had it for 11 years before that. I do not have any details from owner(s) before the two of us. It is my belief that the car was fully race-prepped for the first year of its life but did not attend any races and was converted for street duty before it was sold to the first owner.

    Mileage: 41,835 miles
    Last engine out service was March 2020 at 40,700 miles, done by a capable mechanic
    The car comes with Grey Ferrari Challenge light weight wheels, no fakes, no rashes.
    It currently has Challenge by-pass pipes, and the 348 cat converters are included. It does pass SMOG every two years with the cats installed.
    The car has all Challenge documentation from the factory (rare)
    It comes with period correct OMP racing seats, OMP racing harnesses.
    Full tool kit, and tow hooks are included, as is a red indoor car cover.
    Engine is in great shape cosmetically and mechanically.
    Body is straight, the front bumper, fenders and hood have been repainted (well matched color) because of road rash that caused rocks kicked up from its maiden FOG drive years ago. Since then, the nose has a clear bra installed to keep the road rash away.
    No stickies, all cleaned up years ago.

    It DOES NOT have: roll cage, carbon seats

    The 348 Challenge is the one that started the Ferrari Challenge series. This car is the real thing and an unmolested piece of Ferrari history. Frankly, if it does not sell, I am happy to own it for another ten years. It is that special.

    Asking $125,000



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  2. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,207
    Houston, Texas
    Full Name:
    Bubba
    That's a rare beast, as you well know.

    GLWS!

    What a fine example.....you didn't try to have FNA come up with the "early years?"
    This would be the highlight of any gathering among the 348s.

    I well recall watching them "wreck a few" at Texas World Speedway, as "gentlemen drivers" learned that Aramco is non negotiable.
     
  3. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,207
    Houston, Texas
    Full Name:
    Bubba
    I think 348s perhaps pre dated the now widespread use of carbon fiber...what are those seat shells?
    Some type of fibreglass??

    Deleted the roll cage would have been part of the conversion back the street as State Law prevents them in a lot of jurisdictions.
    It was a crappy roll bat anyway!!!
     
    Jakuzzi and denisDip like this.
  4. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    12,661
    San Carlos, CA
    Full Name:
    Mitchell Le
    SoCal1 Tim and I always bring our 348 Challenge to the 348 Stoogefest. It's a treat to see TWO yellow 348 Challenge in one spot.
     
  5. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    12,661
    San Carlos, CA
    Full Name:
    Mitchell Le
    Fiberglass shells.
     
  6. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,207
    Houston, Texas
    Full Name:
    Bubba
    "Right for the Times" to quote Waylon Jennings...
     
  7. malex

    malex Formula 3
    Silver Subscribed

    Dec 5, 2007
    1,245
    FL
    Mitchell -

    It's your car and you must feel that it's time to part ways. So do what you want. All I'll say is that I sold my factory 348 Challenge 5 years ago. It's the only car that I've ever owned that I truly regretted selling. And I knew it the moment it was being loaded onto the car carrier to be taken away to its new owner. If the timing was right (and I had garage space), I'd consider your car.
     
  8. ginoBBi512

    ginoBBi512 F1 Rookie
    Rossa Subscribed Silver Subscribed

    Oct 9, 2016
    3,518
    SO CAL
    Full Name:
    GINO RUGGIERO
    125,000 ? Wow, what a great price !!!

    Thank you
     
  9. yelcab

    yelcab F1 World Champ
    Consultant

    Nov 29, 2001
    12,661
    San Carlos, CA
    Full Name:
    Mitchell Le
    Oh, you are making this hard ...
     
  10. malex

    malex Formula 3
    Silver Subscribed

    Dec 5, 2007
    1,245
    FL
    And to make this even harder . . . yellow really suits 348's, more so than 355's. Something about yellow just works with the strakes. I'm normally not a yellow car fan, but am when it comes to a 348tb
     
  11. technom3

    technom3 F1 World Champ
    Rossa Subscribed

    Mar 29, 2007
    14,885
    Phoenix AZ
    Full Name:
    Justin
    Couldn't agree more. Yellow really is the color for a 348
     
    JSinNOLA likes this.
  12. GatedF355GTB

    GatedF355GTB Karting

    Dec 5, 2017
    171
    I've seen this car in person. As typical with Mitchell's cars, it's in fantastic shape.
     
  13. NürScud

    NürScud F1 Veteran

    Nov 3, 2012
    7,275
    What an amazing and rare car.
     
  14. 348TN

    348TN Karting

    Oct 14, 2020
    74
    Chattanooga TN
    Full Name:
    Full Name
    Wow! You need to ask more …
     
  15. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
    Rossa Subscribed

    Jan 18, 2004
    12,437
    Full Name:
    Juan
    How much do you have record wise from previous owners? Great car list on bat, that’s more of where you sale cars now. Just had a friends 360 stick go for 100k. It had nearly 50k and repaint from an accident.
     
  16. ernie

    ernie Two Time F1 World Champ
    Lifetime Rossa Owner

    Nov 19, 2001
    22,574
    The Brickyard
    Full Name:
    The Bad Guy
  17. rob lay

    rob lay Administrator
    Staff Member Admin Miami 2018 Owner

    Dec 1, 2000
    59,566
    Southlake, TX
    Full Name:
    Rob Lay
  18. 348TN

    348TN Karting

    Oct 14, 2020
    74
    Chattanooga TN
    Full Name:
    Full Name
    Have to now log the “normal” ‘91 348 ts with 31k miles that just sold at BJ for $110+fees
     
    Hammonds rider and ernie like this.
  19. turbo3.6

    turbo3.6 Karting

    Dec 10, 2014
    68

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