04/07/2025 — Surprise! The first Hot Wheels Ferrari models to be sold since the reuniting of the two iconic brands are the Ferrari 312 P and the Ferrari 499P Modificata . This epic 2-Pack leans on the heritage of both Hot Wheels and Ferrari showcasing where both have been and where they are going.
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Hot Wheels Ferrari 312 P
Designed by famed RLC Hot Wheels Designer, Brendon Vetuskey, the Hot Wheels Ferrari 312 P comes in spectraflame silver plate bright red and wears deep-dish Neo-Classics Redline wheels — it even features an opening engine cover! It screams nostalgic Hot Wheels.
Hot Wheels Ferrari 499P Modificata
Leave it to resident exotic car expert and Hot Wheels lover, Ron Wong, to bring us the latest Ferrari race car, the Ferrari 499P Modificata. This one features spectraflame rosso corsa paint and Real Riders 10-spoke wheels while also featuring a removable engine cover. This casting says a lot to where Hot Wheels is going as it is now one of the more detail castings in the Hot Wheels lineup!
UPDATE! This set sold out in less than 7 minutes. I received an advance sample from Mattel to showcase for you here. In addition, I filmed my unboxing experience — even leaving in the blooper — for you to see below.
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ORANGE TRACK DIECAST 
£118 for two Hot Wheels cars. I do not think so, I thought £44 for the Miura was bad enough but that is taking the wee wee……
That’s a hard pass on this offer. $50 per car plus a box… No thank you
Bought 2 pks! Love Ferrari! With the new resurgence you can’t ignore this deal, but I really wanted the 312 P!! That vintage engine and exhaust detail is INSANE!!!
What I am impressed with is how Brendon was able to captured the nostalgic, true-to-form shape of the redline-era Ferrari 312 P casting, while also improving it 10-fold, and bringing it to modern day RLC standards.
Yes indeed!!
I’ve passed ALL Hot wheels items over $35. This time was different. I love the racing history of Ferrari and the 312p looks fantastic. I was sold and can’t wait to open the box when it arrives!