Video shows Ferrari P4/5 Competizione doing laps around the track and also takes us up close in the pits too.

More great video from Marchettino, who continues to kindly spare us the usual techno-soundtrack for the simple and wonderous mechanical sounds of the car in question.

This time it's the Ferrari P4/5 Competizione, doing some testing on the Franciacorta racetrack in Northern Italy in preparation for its entry at this year's 24hr Nürburgring endurance race in June.

It's a foggy day but that doesn't slow down the P4/5 Competizione one bit. And Marchettino also manages to take us into the pit garage too and even have a peek inside the cockpit. The car is also wearing a New York license plate which we don't believe is entirely applicable to an Italian race track.

The Ferrari P4/5 Competizione is a project by James Glickenhaus, who commissioned a one-off Pininfarina-designed P4/5 back in 2006 but has now developed his own Competizione version based on the F430 Scuderia and using the same engine and suspension as the Ferrari F430 GT2 ALMS.

Gallery: Ferrari P4/5 Competizione on the Franciacorta racetrack [video]