The one-off Ferrari SP38 Deborah has just premiered at Villa d’Este on the shores of Lake Como in Italy.

Unveiled online a few days ago, the SP38 comes from the marque’s Special Projects division and is based on the 488 GTB. There’s no word on how much it cost to commission, but it is inevitably worth into the millions.

Prior to its public debut in Italy, the car was simply known as the SP38. However, we’ve since learned that it is the SP38 Deborah in reference to the sleek red paint, dubbed Deborah Red.

Retro and modern touches meet in perfect harmony

The exterior design of the SP38 Deborah is what makes the car stand out. The front is characterized by a low and tapered fascia that looks somewhat similar to the Ferrari J50 limited edition.

The roofline of the 488 GTB has also been made to look more aggressive with reshaped side windows and three color-matched louvers in place of the see-through engine cover.

The videos right below also allow us to see the car’s interior that features a number of bespoke parts, including red trim on the steering wheel and contrast stitching on the seats. Other than that, though, the cabin is the same as the 488’s.

The same stands for the powertrain as well, which, as in the 488 GTB, is a twin-turbo 3.9-liter V8 delivering 661 HP (670 PS) to the rear wheels via a seven-speed dual-clutch gearbox and a trick electronically controlled diff.

With such a unique body that’s not quite as sublime as the J50, yet, dare we say, is better than that of what Ferrari is churning out right now, we really couldn’t care less. And, after watching the videos, we think you’ll agree.