Ferrari responded to the 1990 launch of Lamborghini's new Diablo with the introduction of the 512 TR. It was an evolution of the Testarossa and powered by a 4942cc horizontally opposed, DOHC twelve-cylinder engine fitted with a Bosch K-jetronic fuel injection system. Similar to its predecessor, the 512TR featured a refined frontal design similar to the 348, but with mostly different internals. the gearbox was redesigned to shift more smoothly with a single-plate clutch. The enlarged discs were cross-drilled and the steering was quickened.
This car was part of a private collection until its acquisition by the current owner in August 2010. It is finished in red with a black leather interior. It is one of just 2,280 512 TRs produced between 1991 and 1994. In 2011, the car was offered for sale at RM Auctions' Arizona sale where it was estimated to sell for $85,000 - $95,000 and offered without reserve. As bidding came to a close, the car had been sold for the sum of $82,250 including buyer's premium.