The hands
The people behind the car
The people whose work shaped the Ferrari F12 TRS.
Flavio Manzoni
Design director
Led Ferrari's in-house design organisation during the F12 TRS Special Projects commission.
F12 TRS
A roofless F12
The F12 TRS removes the roof and windscreen header from the F12berlinetta, leaving its V12 beneath a bonnet window. Ferrari calls it a One-Off; two executions are reported for the same client, with no documented public sale.
Market value · road
USD 3,000,000–USD 5,000,000
Typical USD 4,000,000 · Reference estimate
USD 2,550,000USD 5,300,000
Market value · road
USD 3,000,000–USD 5,000,000
Typical USD 4,000,000 · Reference estimate
USD 2,550,000USD 5,300,000
Market history builds with the record
- Engine
- 6'262 cc (naturally aspirated V12)
- Power
- 740 CV (F12berlinetta basis)
- Transmission
- 7-speed (dual-clutch)
- Body
- Two-seat barchetta (no fixed roof)
- Programme
- Special Projects (client commission)
Market & Price
Ferrari F12 TRS price & market value
The Ferrari F12 TRS reference estimate is USD 3,000,000–USD 5,000,000. No completed sales are documented in this file yet. Actual prices depend on specification, condition and provenance; this range is not an offer or a confirmed sale price.
Records: Reference estimate · road-sale evidence pending; estimate band USD 3,000,000–USD 5,000,000 · good road cars. recorded sale prices · mixed hammer and premium-inclusive basis.
HCN:F12TRSLive model
$3'872'9836.5% · 12M
Model curve · anchored to 0 documented sales · benchmarks rebased at window startmodel v1 · seed ferrari-f12-trs · not investment advice
Model forecast · 16 Jul 2027
12 months from the model baseline
- Lower · P10
- USD 3,650,691.14-5.7% vs baseline
- Median · P50
- USD 4,063,898.98+4.9% vs baseline
- Upper · P90
- USD 4,523,876.24+16.8% vs baseline
Model data: Jul 2026 · 0 documented sale anchors. Insufficient sales: illustrative scenario based on an estimated value and synthetic history.
How to read this forecast
P50 is the model median. The outer shading spans P10–P90; the darker band spans P25–P75. These are model quantiles, not verified probabilities or observed sale prices. The calculation extends the modeled trend and volatility; it does not include new listings, vehicle condition or transaction costs.
The readouts · model figures against the benchmarksSynthetic model · insufficient ledger
Compound annual growth
| Window | This car* | S&P 500 | Gold |
|---|---|---|---|
| 1Y | +6.5% | +18.8% | +21.9% |
| 5Y | +4.4% | +11.4% | +17.6% |
| 10Y | +4.3% | +13.3% | +11.8% |
*Modeled price CAGR · S&P is a price index, no dividends
Deepest drawdown · model window
This car*-6.3%Nov 2021 → Oct 2022 · recovered Dec 2023
S&P 500-20.3%Dec 2021 → Oct 2022 · recovered Dec 2023
Gold-18.9%Feb 2026 → Jul 2026 · not recovered
Forecast ladder · model quantiles
| Horizon | P10 | P50 | P90 |
|---|---|---|---|
| +6M | USD 3,639,597.7 | USD 3,967,292.91 | USD 4,324,492.53 |
| +12M | USD 3,650,691.14 | USD 4,063,898.98 | USD 4,523,876.24 |
| +24M | USD 3,678,331.61 | USD 4,264,225.65 | USD 4,943,442.38 |
Median path with the 10th and 90th percentile · not investment advice
Transaction ledger · documented salesMixed price basis · not estimates
0 of 0 recorded sales · shown in USD · recorded currency in each record
Price range · road · openConfidence · estimateNo documented public sale was found. The range rests on the database reference value and comparable Ferrari Special Projects commissions; a private transaction could fall outside it.
Floor
USD 3,000,000
Typical
USD 4,000,000
Ceiling
USD 5,000,000
Estimate band for good road cars. No recent documented road sales are available.
USD 2,460,000USD 3,000,000USD 4,000,000USD 5,000,000USD 5,400,000
Hover the spectrum to read a value, or a dot for the sale behind it.
Band, axis and sale positions shown in recorded USD.
The wider market · Ferrari at auction · median per year · modeled between anchors2,297 lots · 2003–2026 · exact yearly anchors · modeled line
Instrument calibration for this file is in progress — the terminal above reads the documented record directly.
Figures trace to documented public sales and published guides; extrapolated tiers are marked. The model curve is synthetic between documented sales. Nothing here is investment advice.
Overview
A race car for the road.
- Basis
- F12berlinetta
- Engine
- Front-mid V12
- Design
- Ferrari Design Centre
- Debut
- 2014 Cavalcade
- Public sales
- None documented
Reference
Technical specifications
Known configuration
- Platform
- F12berlinettaFerrari's own description
- Engine
- 6.3-litre naturally aspirated V12standard F12berlinetta powertrain is generally reported
- Output
- 740 CVbasis-car factory figure; Ferrari has not published a separate TRS specification sheet
- Body
- Open two-seat barchetta
- Reference
- 1957 250 Testa Rossastated by Ferrari
HICON BID
Buying interest, silently.
A HICON Bid is a confidential expression of buying interest on the Ferrari F12 TRS file — never public, never shown to other members. It is not a binding purchase, and HICONIUM holds no funds.
Sign in
HICON Bids are a member instrument. Sign in to place one.
The vault
Open a file on yours.
You keep one? The record starts in your garage — identity, papers, photography, and the market evidence this file already carries, bound to your chassis.
The variants
One badge, 3 executions
The register separates the F12 TRS into its documented executions. One reference silhouette per execution — each opens as its own file as the archive fills.
Berlinetta01Reference in preparationtdf02
Reference in preparationTRS03
3 executions on file · references drawn to the house standard