The Ferrari 360 Challenge Stradale started a bloodline and is widely regarded as Ferrari's first modern lightweight V8 special; it established the formula later developed by the likes of the 430 Scuderia, 458 Speciale, and 488 Pista. Now, a 2004 example finished in Giallo Modena and showing 14,487 miles is being offered by Graham Rahal Performance through duPont REGISTRY.
The Challenge Stradale was based on the 360 Modena, the Pininfarina-designed successor to the Ferrari F355. Originally unveiled at the 2003 Geneva Motor Show, during the glorious Luca di Montezemolo and Michael Schumacher era, when the Italian marque was channeling its Formula 1 dominance into increasingly focused road cars.
In full lightweight specification achieved through extensive use of carbon fiber and a lightweight Lexan polycarbonate engine cover, the track-focused model was 110 kilograms, or 240 pounds lighter than the standard 360 Modena. Engineers also sharpened the suspension and aerodynamics (50% more than the standard 360 Modena), installed carbon-ceramic brakes, and recalibrated the F1 automated manual transmission.
The result: 0-60 mph in ~4.0 seconds with a top speed of 186 mph and a Fiorano lap time of 1 minute 28 seconds, which is 3.0 seconds quicker than the 360 Modena coupe. Its 3.6-liter naturally aspirated V8 produces 425 horsepower and delivers what remains one of Ferrari's most celebrated and evocative V8 soundtracks.

While Ferrari has never confirmed final production numbers, registries generally place the total between 1,288 and 1,300 cars. Estimates suggest approximately 353 were built to U.S. specification and around 378 for North America.
No official color breakdown exists either. Registry data indicates that approximately 90 to 110 cars were finished in Giallo Modena worldwide, with an estimated 20 to 30 U.S. examples. With most Challenge Stradales finished in the popular Rosso Corsa red, Giallo Modena, like the example seen here, remains one of the rarer specifications. To add to this car's rarity, most 360 Challenge Stradales came with the optional central stripe with the Italian Tricolore, which this car doesn't have.

Also, unlike the standard 360 Modena, which was offered with a gated manual transmission, every Challenge Stradale left the factory with Ferrari's F1 automated manual transmission, making it an ideal candidate for an aftermarket conversion amid the growing popularity of analog-era exotics that offer three pedals. Some cars have since been converted, but this particular example retains its original configuration; an important distinction for originality-focused collectors.
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Condition, maintenance, and documentation remain essential, and at 14,488 miles, this example occupies what many consider a collector sweet spot: usable, yet relatively low-mileage for a car more than two decades old.
As for values, we’ve already highlighted how Ferrari's naturally aspirated V8 era is fast becoming collector gold, and we've also featured 10 key mid-engine Ferraris shaping the collector market. Exceptional examples now routinely exceed seven figures.
More than a sharper 360 Modena, the Challenge Stradale became the blueprint for every lightweight special-series V8 Ferrari that followed. For a fuller case on why it belongs in a serious collection, Petrolicious laid out 10 reasons the Challenge Stradale earns its place. This example combines highly sought-after color, factory transmission, and usable mileage in one of Ferrari's most influential modern road cars. Click the link below to find out more details on exact specifications and pricing.
Images: Graham Rahal Performance