---
title: Ferrari Modulo · HICONIUM
description: Paolo Martin reduced a Ferrari 512 S chassis to a low white disc with covered wheels and a forward-sliding canopy. It was a static Pininfarina show car first; the current owner later made chassis 0864 drive.
canonical_url: https://hiconium.dev/vehicles/ferrari/modulo
image: https://hiconium.dev/og/vehicle/ferrari/modulo.png
---

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> Path: [Home](https://hiconium.dev/) › [Vehicles](https://hiconium.dev/models) › [Ferrari](https://hiconium.dev/manufacturers/ferrari) › Modulo
> On this page: [The price and the proof](#the-price-and-the-proof) · [Model readouts](#model-readouts) · [Documented sales](#documented-sales) · [A racing chassis became a Pininfarina argument about shape.](#overview-heading) · [Technical specifications](#technical-specifications) · [Design object](#design-object) · [512 S basis](#512-s-basis) · [The people behind the car](#the-people-behind-the-car) · [Paolo Martin](#paolo-martin) · [Member instruments](#member-instruments)

![The white Pininfarina Ferrari Modulo concept, front three-quarter view on a pure white geometric field](https://hiconium.dev/images/cars/ferrari-modulo/hero-wide-2560.jpg)

# Modulo

A canopy over wheels

Paolo Martin reduced a Ferrari 512 S chassis to a low white disc with covered wheels and a forward-sliding canopy. It was a static Pininfarina show car first; the current owner later made chassis 0864 drive.

1970 · 1 built · Pininfarina

## The price and the proof

Indicative road-car band $4M–$7M. Modeled values are not observed sales. Nothing here is investment advice.

Confidence: estimate. Editorial estimate based on its unique Pininfarina provenance, Ferrari 512 S basis and public significance. The 2014 transfer price was private and no documented public auction sale supports a ledger.

Valuation method and source rules: [HICONIUM standards](https://hiconium.dev/standards). Observed auction results across the wider market: [Market terminal](https://hiconium.dev/market).

### Model readouts

Synthetic model · insufficient ledger. model v1 · seed ferrari-modulo. Compound annual growth is modeled price CAGR; S&P 500 is a price index without dividends. Forecast quantiles are not investment advice.

| 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% |

| Series | Deepest drawdown | 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 |

| Horizon | P10 | P50 | P90 |
| --- | --- | --- | --- |
| +6M | $4'972'637 | $5'420'354 | $5'908'382 |
| +12M | $4'987'794 | $5'552'343 | $6'180'792 |
| +24M | $5'025'558 | $5'826'041 | $6'754'028 |

### Documented sales

Every public sale on this file, newest first. Amounts keep the recorded currency. Source links appear only when the catalog stores a public auction-lot URL.

One-off concepts do not form a repeatable model market. Chassis history and current running condition require individual appraisal.

## A racing chassis became a Pininfarina argument about shape.

Paolo Martin developed the design inside Pininfarina and the finished Modulo appeared at the 1970 Geneva Motor Show. It later travelled as a show object, including Expo '70 in Osaka.

Pininfarina transferred the car to James Glickenhaus in 2014. Subsequent mechanical work turned the static concept into a running car; this changed its usability, not its one-off status.

| Highlight | Detail |
| --- | --- |
| No doors | The windscreen, roof and side glass form one canopy that slides over the nose. The beltline runs through the body without a conventional aperture. |
| Performance numbers need a footnote | The familiar 550 hp and 340 km/h figures describe Ferrari's 512 S racing type. The Modulo debuted as a non-running design study, so period acceleration and top-speed claims are not test evidence. |

| Label | Value |
| --- | --- |
| Designer | Paolo Martin |
| Coachbuilder | Pininfarina |
| Debut | Geneva · 1970 |
| Basis | Ferrari 512 S |
| Engine family | 5.0L V12 |

## Technical specifications

### Design object

| Label | Value | Note |
| --- | --- | --- |
| Body | Single-volume wedge |  |
| Access | Forward-sliding glazed canopy |  |
| Wheels | Partially enclosed |  |
| Engine cover | 24 circular apertures |  |
| Original condition | Static show car | performance claims belong to the 512 S basis, not to a tested 1970 Modulo |

### 512 S basis

| Label | Value | Note |
| --- | --- | --- |
| Engine type | 60° V12 · 4'993.53 cc | Ferrari factory figure for the 512 S type |
| 512 S power | 550 hp at 8'500 rpm | factory type figure; not a measured Modulo output |
| Frame | Tubular competition chassis |  |
| Transmission | 5-speed manual | 512 S type specification |

## The people behind the car

### [Paolo Martin](https://hiconium.dev/people/paolo-martin)

Designer · Pininfarina

![Portrait of Paolo Martin](https://hiconium.dev/images/cars/ferrari-modulo/people/paolo-martin.jpg)

Martin drew the Modulo's single-volume body, covered wheels and sliding canopy for Pininfarina.

## Member instruments

A HICON Bid is a confidential expression of buying interest on this file. It is not a binding purchase, and HICONIUM holds no funds. [Sign in](https://hiconium.dev/sign-in) to place one. Garage files for an owned chassis are member records and are not listed here. [How membership works](https://hiconium.dev/membership).