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
$3M–$5M
Typical $4M · 0 sales
$2.5M$5.3M
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
The price and the proof
A terminal for one car: the model curve over the documented record, the benchmarks it is measured against, and the instruments that read it.
Records: 0 documented road sales on file · –; estimate band $3M–$5M · 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
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 | $3.6M | $4.0M | $4.3M |
| +12M | $3.7M | $4.1M | $4.5M |
| +24M | $3.7M | $4.3M | $4.9M |
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
$3M
Typical
$4M
Ceiling
$5M
Estimate band for good road cars. 0 documented sales since 2019 plotted below.
$2.5M$3M$4M$5M$5.4M
Hover the spectrum to read a value, or a dot for the sale behind it.
Band, axis and sale positions shown in recorded USD. Indicative only; no observable public market.
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