As early as 1984, the Maranello factory had begun development of an Evolution model of the 288 GTO intended to compete in the FIA Group B series. However, when the FIA brought an end to the Group B category for the 1986 racing season, Ferrari was left with five 288 GTO Evoluzione development cars and no series in which to campaign them.
Enzo Ferrari desired a car to serve as his final statement – maker; a vehicle encompassing the best in track-developed technology and capable of being a showcase for what the Ferrari engineers can create. The company's upcoming 40th anniversary provided just the right occasion for the car to debut. As Enzo had predicted it would, the F40 would become the last car to be commissioned by him before his death.
The Ferrari F40 is a mid - engined rear-wheel drive, two-door sports car produced by Ferrari from 1989 to 1992 as the successor to the Ferrari 288 GTO. In 1989 it held the title as the world's fastest street-legal production car, during its years of production it was Ferrari's fastest, most powerful and most expensive car. When debuted, the factory retail list price was £193,000. Due to the small numbers produced and the high demand worldwide for the “first real road supercar” it was reported that some owners had paid up to One Million Pounds to own this Ultimate Ferrari model.