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The 348 was powered by Ferrari's 3405cc V8, introduced with the car in 1989. The 90° light alloy V8 had 10.4:1 compression and 48 valves actuated by four overhead camshafts. The V8 was installed longitudinally in the 348, bolted along with the transmission and rear suspension into the removable tube-steel rear sub-frame, a significant innovation.

Fuel was delivered from the center mounted tank to the intake runners through fuel injectors by a high pressure pump. Air was delivered from the high side scoops through articulated rubber and steel tubes to a filtered square airbox above the transmission and from there through twin throttle bodies to the intake manifolds situated above the engine. Exhaust gasses flowed through a steel manifold and a tuned exhaust system with catalytic converters.

Ferrari produced the 348 model in three main versions. The tb was the hard top version, launched along with ts targa version where the centre section of the roof was removable. In 1993 Ferrari launched the 348 Spider, which was a full convertible version.

Engine: 3.4-litre V8 DOHC 32 Valves, 4 valves per cylinder

Power: 320 bhp @ 7200 rpm

Torque: 237 lb ft @ 4200 rpm

Power-to-weight: 229.72 bhp/ton

Drive: RWD

Performance: 0-60 mph - 5.4 seconds

Top Speed: 173 mph

Car Length: 4230 mm

Car Width: 1894 mm

Kerb Weight: 1393 kg/3071 lb

Price: £64,503 (1989 Launch Price) £30,000 Est today