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Developed for the GT racing championship, the Ferrari 348 GT Competizione was first released in 1993 and would be limited to only 50 examples built. The car went on a significant weight reduction program losing 190 kg with the use of carbon fibre bumpers & doors, kevlar seats, and the removal of floor mats, carpet and air conditioning.
Mechanically the 348 GT Competizione received it's brakes from the Ferrari F40 Evoluzione, and safety gear from the Ferrari 348 Challenge. The exhaust system was changed from the normal 348, and the suspension setup was more advanced for track setup and tuning. To finish it all off the wheels were special 3-part Speedline rims, helping to reduce weight further.