This Ferrari was introduced to the Flying Colors line as Race Bait 308 in Red with a Black metal base and Blackwall tires (BW). It was also available in the Thundershift Roarin' Raceway. In 1979 it was Gold-plated and was part of the Golden Machines 6-Pack. The Red version base was changed to Black plastic. In 1982 it was Metalflake Silver and joined the Hot Ones series. Other names were, Street Beast, and Ferrari 328 GTB.