The Ferrari 355 Challenge – A close look at this classic sports car’s performance, technical data, features, comparing rivals, history, used prices. The Ferrari 348 Challenge sports car was a race Series for amateur drivers, first established in 1993. Ferrari offered an optional Challenge kit priced at $14,000 and, by using it, the original 348 could be transformed into the race version in the order of 60 man hours. The 3.4 litre, V8 engine used in the Challenge Series, when converted, would develop an output of 320 bhp. The 348 Challenge car’s last season was in 1995, which coincided with the launch of the 355 Challenge variant.
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