Here's the latest from Ferrari Special Projects - the F12 TRS. It made its debut at the Goodwood Festival of Speed over the weekend. The open-top version of the F12 Berlinetta manages to make the standard car look bland.

The car has been reported to have cost its new owner $4.5 million, since it features a completely redesigned body with no body panel left untouched and a stripped out interior. The one-off model is said to retain the standard powertrain from the F12 Berlinetta, which means it is powered by 6.2-liter naturally aspirated V12 engine producing 730 hp (740PS).

Check it out below: