The Ferrari F40 is a mid-engine, rear-wheel drive, two-door coupé sports car produced from 1987 to 1992 as the successor to the Ferrari 288 GTO. From 1987 to 1989 it held the title as the world's fastest street-legal production car, and during its years of production, was Ferrari's fastest, most powerful, and most expensive car. The car had no traction control, and was one of the few to utilize turbochargers.
Power came from an enlarged, 2.9 L (2936 cc) version of the GTO's twin IHI turbocharged V8 developing 478 PS (352 kW; 471 hp) under 110 kPa (16 psi) of boost. The F40 did without a catalytic converter until 1990 when US regulations made them a requirement for emissions control reasons. The flanking exhaust pipes guide exhaust gases from each bank of cylinders while the central pipe guides gases released from the wastegate of the turbochargers.
The suspension setup was similar to the GTO's double wishbone setup, though many parts were upgraded and settings were changed; the unusually low ground clearance prompted Ferrari to include the ability to raise the vehicle's ground clearance when necessary.
Source: Wikipedia, 2011