With ’80s nostalgia still absolutely roaring and the number of restomod companies growing by the month, now seems like the prime opportunity for someone to revisit the Ferrari 308 GTB. The fixed-roof version of Thomas Magnum’s borrowed ride. Except what you’re seeing here isn’t it because it’s not actually a restomod. Instead, it’s a brand new car that looks like a spiced-up version of something we know and love.
Meet the Michelotto Gruppo 4 Tributo, and if that name rings a bell, there’s a good reason why. Michelotto and Ferrari have historically gone together like peanut butter and jelly, with the firm having prepared 308s and F40s for motorsport use. The F40 may have been Ferrari’s handiwork, but the track-spec F40 LM was developed by Michelotto. The Ferrari 360 N-GT was also a Michelotto-involved project, and 26 of the 40 Ferrari 333 SP prototype racers built were assembled by Michelotto. The pedigree here is immense, and so is the talent.
That level of expertise explains why, instead of cutting up original 308 GTBs, Michelotto has decided to start from scratch instead. The Gruppo 4 Tributo may do what it says on the tin and be a tribute to the Group 4 308 GTB race cars, but it’s a proper ground-up effort. It all starts with a fresh tubular chassis with an integrated roll cage, and gets even crazier from there.

Under the rear clamshell, you’ll find a 3.4-liter V8 with just two valves per cylinder. That sounds strange on first glance, but this all-aluminum unit is fettled to produce 380 horsepower at 8,250 RPM, with redline not arriving until 9,000 RPM. Heady stuff, and a dog-leg five-speed gated manual transaxle means the driver’s in complete control of the V8 orchestra.

Of course, power is nothing without control, so Michelotto has gone to town on the running gear. Double-wishbone suspension with billet arms is complemented by adjustable dampers and anti-roll bars that can be fine-tuned the old-fashioned way. The brake bias for the front and rear four-piston calipers can be set from the cabin just like in a race car, and Pirelli Trofeo RS tires ought to cling on well into lose-your-licence territory.

Now granted, 380 horsepower isn’t an enormous number in an age of 1,250-horsepower Corvettes and nearly 400-horsepower Boxsters. However, the Gruppo 4 Tributo features another number that isn’t enormous: 2,094 pounds. That’s the quoted curb weight of this car, which means that each horsepower only has to push around roughly 5.5 pounds. Plus, while more horsepower helps in a straight line, less weight helps everywhere.

A certain amount of credit goes to the carbon fiber coachwork, which is a rakish reinterpretation of the classic 308 GTB form. Familiar proportions, front fender silhouettes and black trim strips down the sides are all present, but everything else has been thoroughly worked over. The arches are wider, the ducktail sits higher, several shut lines have been eliminated, and there’s extra ducting everywhere. Even where you’d normally find quarter windows. The end result is familiar down to the pop-up headlights but also distinctly modern. Parts interchange? What parts interchange?

Inside the cockpit, the Gruppo 4 Tributo is an interesting mix of new tech and old-school hardware. The motorsports-style digital instrument cluster is distinctly modern, but it’s set into a flat dashboard fascia teeming with proper switches and knobs. The steering wheel’s a refreshingly unadorned classic deep-dish three-spoke affair, the column stalks are period-correct, and there’s glorious simplicity in a white cue-ball shift knob.

It’s all remarkably tantalizing, but it does make you wonder just how this project happened. We know it’s a joint effort between AC Motorsport and Michelotto Group, with the former handling marketing and distribution, but Ferrari’s own history suggests it’s rather protective of its heritage. Maybe it helps to be an insider. After all, once you’ve prepared so many customer racing cars for Modena, they probably owe you one, right? Either way, in an age of hypercar fatigue and restomodded everything, I’m glad the 308 Gruppo 4 Tributo exists as a from-scratch homage to an automotive icon.
Top graphic image: AC Motorsport/Michelotto






Looks a lot like a modern 288 GTO. Bummer about the dash though.
This is really really cool, aside from the dash.
But it will probably cost $239,383,275
Right? Dropped the ball on the dash.