2002 Ferrari 360 Spider F1 (Type F131)


  • A pristine example of the sublime looking, Pininfarina styled Ferrari 360
  • Presented in a great colourway that suits this Spider very well indeed
  • Complete with an extensive archive of supporting paperwork
  • Low owner low mileage example
  • Current owner since 2016
  • Original books, spares and toolkit included

The Appeal

Ferrari sought out the services of conglomerate, Alcoa, to devise and produce a new and all aluminium chassis for their new 360. The outcome was a space frame that was 40% stiffer than its steel predecessor whilst being a full 28% lighter, despite more generous dimensions. 

The 360 entered production in 1999 with the majority specified with the “F1” automated manual gearbox built by Graziani Trasmissioni. The 360 was designed with a convertible version in mind and the Spider duly arrived a year later in 2000.

This example looks amazing courtesy of its refreshingly different Grigio Alloy, grey blue livery. This is a low owner car with a mileage that equates to a mere 2,000 miles a year on average. The overall condition is very hard to fault and this 360 has clearly benefitted from a diligent and attentive maintenance history.

The History and Paperwork

  • This 360 was supplied new by Maranello Sales in March 2002
  • The first owner retained the 360 for 9 years covering around 29,000 miles
  • The second owner acquired the car in 2011
  • This owner kept the car for around five years and added 6,000 miles
  • The current owner bought the Ferrari in 2016
  • In his tenure the car has covered another 8,000 miles or so
  • The Spider comes with a significant paperwork archive
  • This includes the current V5 in the name of the owner
  • The current MOT is present in hard copy
  • This is valid until July 2024 and is advisory free
  • A number of earlier MOTs are also present to verify mileage progression
  • The original, soft grain leather book folder is on-hand
  • This is complete with all the original handbooks and manuals
  • This includes the all-important service book
  • This includes 15 service stamps covering mileages from 3,389 to 42,846 
  • These are notated to detail four cambelt changes (last one at 36,647 miles)
  • A clutch change is also notated at 28,888 miles
  • The original Ferrari certificate of conformity is also included
  • The remainder of the archive consists of a large number of maintenance invoices
  • Two original keys are included

The Interior

  • The 360’s cabin is an exquisitely fitted and finished with quality materials throughout
  • It is finished in a combination of blue (Blu) and black leather 
  • There are plenty of charming Ferrari details in evidence, too

Ferrari cabins of this vintage are an object lesson in combining a luxurious ambiance with a singular sporting focus. This 360 Spider is no exception, and the condition of the interior is excellent throughout.

The seats are finished in soft and supple Blu hued leather. These deeply bolstered items are stitched into a series of horizontal, padded box pleats for additional support and comfort. These are electrically operated and terminate in integral headrests which are subtly embossed with a prancing horse emblem.

The seats fold forward to provide easy access to an area of carpeted storage. This augments the nose situated luggage compartment. Netted pockets are present affixed to the cabin bulkhead. The Blu hued carpets are in excellent condition throughout. The door panels are predominantly finished in Blu leather and useful door pockets are present.

A set of clear, white on black gauges are set into a hooded binnacle directly ahead of the driver. This group is centred with a large tachometer with a lofty 8,500rpm. Other gauges include a speedometer, oil pressure and temperature gauges and a water temperature item. These sit behind the chunky, leather rimmed, three spoke steering wheel. Alloy gearchange paddles are situated behind the rim of the wheel. The centre console houses the original, Ferrari branded head unit and the heating and air conditioning controls.

In the nose is a deep luggage compartment finished in black carpet. The sublime, leather cased Ferrari tool kit is strapped to the front wall of this compartment. A rolled bag containing the tyre inflation apparatus is strapped to the rear bulkhead. 

The Exterior

  • Finished in gleaming Grigio Alloy, grey blue metallic livery 
  • The glass window in the engine cover provides an enticing glimpse of the V8
  • Both paintwork and bodywork are in an excellent condition for a 21-year-old car

The glorious Grigio Alloy paintwork appears to be faultless and is a colour that suits the elegance and muscularity of the Pininfarina design very well indeed. All glass and light lenses are clear and bright with no visible imperfections. Panel gaps appear tight and symmetrical, and no areas of concern or issue were noted with either paint or bodywork. 

The hood is finished in a dark blue fabric which is in a fine, original condition. The Plexiglas rear window is clear and free from cracks or fogging. The roof operates smoothly and quickly with no issues with its operation. The engine cover is graced with a large glass panel providing a great view of the red, crackle finished headers of the mid-ships mounted V8.

The five spoke, 18-inch light alloy wheels present in excellent condition overall with no dents or kerb rash being evident. The open architecture of the alloy wheels allows sight of the Nero grey Ferrari inscribed callipers and cross drilled discs. The car is shod in a staggered and mixed set high-quality tyres. These are Michelin Pilot Sports at the front in a 215/45 configuration. The rears are Bridgestone Potenzas in a 275/45 size.

The Mechanics

  • Fitted with the awesome sounding Tipo F131 3,586cc V8 engine
  • Power is fed to the rear wheels via the Graziano “F1” automated manual transmission
  • Benefitting from an extensive and regular maintenance history

The F131 V8 engine is surely the star turn of the 360. Ferrari clearly think so and, helpfully, provide a viewing window in the engine cover so you can gaze, lovingly at its masterpiece. 

In the Spider the 3,586cc V8 is slightly revised in order to account for the constrictions of the hood. There are enlarged air intakes and the intake manifolds are repositioned compared to the hardtop cars. The results are the same, however. That means 395bhp at a howling 8,500rpm and 275Ib-ft of torque at a moderate 4,750rpm. This originally gave the 360 Spider a sub five second 0-60mph time and a 170mph top speed. 

The engine bay presentation seems to be in an excellent and original condition and is a delight to behold. There are lots of sublime details here, with plenty of embossed Ferrari script and prancing horses to please and excite. What can be seen of the underside of the car looks straight, clean and well presented. No leaks or corrosion were noted or reported.

Given the sensible original mileage of the car and “regardless of cost” maintenance record it will come as no surprise that the current owner reports that all mechanical systems are in excellent order and that the car provides a highly dynamic and memorable driving and ownership experience. 

The Appeal

The Ferrari 360 was a bold, yet welcome, departure from its more angular, pop-up headlamp endowed predecessors. Pininfarina had done a great job designing a car that could only ever be a Ferrari. The 360 is a well-conceived and solidly built car, too. No flimsy, flaky Italian engineering of yore in evidence here. It’s a compelling and enticing contrivance which can’t fail to quicken the pulse a little.

This example is a cracker, too. Just three diligent owners in the last 21 years clearly speaks to the allure and desirability of this convertible Ferrari. Its bright livery is a refreshing sight and presents flawlessly. There is very little not to like about this fine 360 Spider and it represents an exciting ownership prospect for its next lucky owner.

Notice to bidders

This item is sold on an ‘As is Where is’ basis. The condition of this item is the opinion of the seller and may differ from your own opinion. Photos and listing descriptions are for guidance purposes only*.** Car & Classic do not warrant listing accuracy. Full inspection is recommended. Viewings are at the seller’s discretion. Buyer is responsible for delivery and collection of any item purchased.*

UK-registered cars and motorbikes on Car & Classic are run through an online HPI check. On the HPI report, this vehicle shows no insurance database markers for damage or theft. It is currently not covered by a finance agreement.

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Vehicle specification
  • Year 2002
  • Make Ferrari
  • Model F1
  • Colour Grigio Alloy
  • Odometer 42,941 Miles
  • Engine size 3586
Auction Details
  • Seller Type Private
  • Town Edlesborough
  • Location Bedfordshire
  • Country United Kingdom
Bidding history
16 bids
  • philip.•••• £36,500 24/09/23
  • tony-ba•••• £36,000 24/09/23
  • Tonykha•••• £35,000 24/09/23
  • philip.•••• £33,000 23/09/23
  • carljon•••• £32,500 23/09/23
  • tony-ba•••• £30,000 23/09/23
  • carljon•••• £29,500 23/09/23
  • philip.•••• £26,000 23/09/23
  • carljon•••• £25,000 23/09/23
  • yann-la•••• £22,000 23/09/23

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