Rare Paddle-Shift: 2000 Ferrari 360 Modena F1

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When Ferrari introduced the 360 in 2000, it brought a slice of Formula One technology to the party. Buyers could opt for a traditional six-speed manual transmission, or, by ticking the box beside the “F1” option, they could receive a six-speed semi-automatic with paddles behind the steering wheel. This 2000 Ferrari 360 Modena features this and presents superbly as an original survivor. It appears to need nothing but a new home, and I must say a big thank you to Barn Finder Curvette for spotting the Ferrari listed here on eBay in Denver, Colorado. Classics of this caliber are rarely cheap, with the seller setting a BIN of $102,999 OBO.

Ferrari released the 360 in 2000 as its successor to the wildly successful F355. Styled by Pininfarina, the 360 remained on sale until 2005, before being replaced by the F430. This first-year example is the Modena variant, finished in what appears to be a shade called Argento. There is little to criticize about the car’s appearance, and its overall condition is consistent with the claimed odometer reading of 26,000 miles. Close-up shots of the front reveal no stonechips or other imperfections, with the paint shining beautifully. There is no evidence of patchiness or developing matte areas, and the plastic is excellent. The glass is crystal clear, and the beautiful 18″ alloy wheels are free from stains and physical damage.

This 360 features an interior befitting a high-end exotic with a six-figure asking price. Trimmed in Black, the leather is hand-stitched to provide a consistent result. It still looks supple and inviting, and the lack of edge wear on the heavily contoured outer seat edges is particularly noteworthy. The leather extends to the dash and doesn’t look dry or brittle. A set of genuine Ferrari mats protects the carpet, and the plastic is in good condition. It appears that someone has upgraded the stereo, while this interior features air conditioning, power windows, power locks, power seats, and power mirrors.

I once watched a documentary tracing the production process of the Ferrari 360, and it became apparent why these cars command such high prices. As the model designation suggests, this car’s V8 has a capacity of 3.6-liters, and is built from an exclusive and secret aluminum alloy. Each piece is sand-cast and x-rayed to ensure there are no casting flaws that could compromise reliability. The engines are hand-built by technicians in clean rooms, and while the capacity is relatively modest, the power and torque figures of 394hp and 275 ft/lbs make the 360 Modena a force to be reckoned with. Buyers could order these classics with a six-speed manual transmission, but this Ferrari is the F1 variant, featuring a six-speed semi-automatic transaxle. Unlike some manufacturers, Ferrari loudly proclaimed the performance potential of the 360. This car should cover the ¼-mile in 12.6 seconds, while keeping the foot to the floor will see the sweet little V8 run out of breath at 183mph. The seller describes this Modena as fun to drive, suggesting it is a turnkey proposition. They don’t mention evidence verifying their mileage claim, but the overall condition makes it plausible.

As a passionate enthusiast, I admire all classic cars. However, exotics like this 2000 Ferrari 360 Modena F1 command respect, because they represent examples of manufacturers pushing the envelope to maximize performance. The power produced by its relatively modest V8 engine provides mind-blowing performance, while the transmission demonstrates that racing improves the breed. This Ferrari won’t appeal to everyone, as is true of any vehicle. The price isn’t what I would consider affordable, but recent successful sales results suggest it is realistic. Will it find a new home? I believe so, but with the six-figure sum required to make it happen, the seller may need to be patient.

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Comments

  1. Troy

    Does Las Vegas still have that place where you can rent these things to take on a track because i would love to drive one but i don’t want to own it

    Like 0
  2. Wayne

    Our dealership bought out an exotic car rental company. There were Porsches, Vipers, Corvettes, Mercedes, SSRs, Crossfire’s, Boosted Minis, and a host of other cars. AND one of these Modenas with the F1 option. Almost all the cars had very low miles and we had to make sure that all had at least 2500 miles on the odo. So that we could sell them as used cars. (Nevada State Law requirement) So managers and myself were tasked with the duty of driving them. (I know, but somebody had to do it!) The Modena was never there as the owner’s son’s had it the whole time. I.saw it maybe 3 times fir about 5 minutes each time. But it was fun duty. My daughter at the time was in driver’s Ed. Which was after regular school hours. The high-school she went to was in a very “high rent dustrict” so expensive/exotic cars were not unusual for parents to drive. But picking her up was on the way home from work. After a couple of weeks a girl in her class asked her “How many cars does you dad have?” (Never noticing the dealer plate)

    Like 5
  3. Wayne R DempseyMember

    Umm, BF is usually spot on in the commentary, but this one is way off. The F1 setup was more common with these cars, and the “regular” six-speed configurations are more highly sought after. Furthermore, 26,000 miles is not considered low mileage for a car like this – this one is actually in the mid-to-high miles. The asking price of over $100K is way above what a good quality example can be bought for – just check classic-dot-com for records – where hte average sale price is currently about $75K for one of these…

    Like 3
  4. Pagodaman

    Rare paddle shift? Is the order way around! Manual stick is the rarest configuration and the most sough after…

    Like 4
  5. Howie

    Seller has 38 vehicles listed for sale.

    Like 1
    • Don Leblanc

      When ever I see ‘ 999.00 at the end of a price, I know it’s a dealer.

      Like 0
  6. angliagt angliagtMember

    I still don’t get the attraction of paddle shifters –
    i’d much rather have a manual transmission,especially
    in a Ferrari.

    Like 0
    • Cold Bob

      I used to think the manual was the way to go until I did a track day in a Cayman GT4 with the PDK (pretty darn kwik). I’m a believer.

      Like 1

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