Estimated Price: £60,000 - £70,000

First seen in prototype form in 1987, the Ferrari 348 entered production in 1989, replacing the popular and successful 328GTB/GTS. Although mid-engined, as was its predecessor, the 348 differed by mounting its four-valves-per-cylinder, quad-cam V8 3.4-litre engine longitudinally, enabling it to be positioned lower in the chassis. A further development was the introduction of a transversely mounted five-speed gearbox using innovative technology derived from the company's Formula 1 program. This meant that the transmission was mounted deeper in the chassis and consequently lowered the centre of gravity which has a beneficial effect on handling and road holding. Initially typed TB and TS (Transversale Berlinetta and Transversale Spyder) the 348 reverted to Ferrari's traditional nomenclature partway through production. With its aerodynamic skirts, spoilers, a wheel at each corner, and distinctive gill slots feeding air to side-mounted radiators, the stocky 348 looked very much like a scaled-down Testarossa and, with around 300bhp on tap and a top speed of 170mph, gave little away in terms of outright performance to its larger, 12-cylinder sibling.

First registered on 15th March 1991, this UK-supplied, right-hand drive, manual gearbox, 348 TS with the removable targa roof panel is presented in the marque's timeless colour combination of Rosso Corsa over Crema leather and has covered 48,437 miles from new.

This particular example stands apart thanks to the exceptional level of preparation it has recently received. In April 2026, our vendor - a significant Ferrari collector - commissioned Ferrari Birmingham to carry out an extensive programme of mechanical and cosmetic works, investing in excess of £20,000 to bring the car up to his exacting standards. The result is a well presented 348 TS that is on top form, both mechanically and cosmetically, and is ready to be enjoyed by its next fortunate custodian. A detailed breakdown of the work completed is available upon request or can be viewed at the Documents Desk at the auction.

The car is accompanied by its original Ferrari book pack, including its original warranty card, together with a good history file. The previous owner cherished the car for some 15 years, reflecting long-term enthusiast ownership.

Prospective bidders should note that the history file records a mileage discrepancy within the MOT history, where the recorded mileage reduced between the 2018 and 2019 MOT tests. This anomaly was acknowledged by the previous owner and did not deter our vendor from acquiring the car, such was their confidence in the overall provenance of this example. The current MOT is valid until 19th May 2027.

Fresh from a substantial programme of work by Ferrari Birmingham, and presented in the classic Rosso Corsa over Crema colour combination, this UK-supplied 348 TS represents an excellent opportunity to acquire an increasingly sought-after analogue Ferrari V8 that has benefitted from significant recent investment and is ready to be enjoyed.