Adrenaline Rush!
Build the Ferrari F1 Racer

Relive the glory of 2004 with this detailed 1:24 scale model. A classic set for LEGO and Ferrari fans alike!

🏛 Ferrari
Set #8362

Ferrari F1 Racer 1:24

The Ferrari F1 Racer 1:24 is a neat little set capturing the essence of early 2000s Formula 1 racing.

🏆 Best For: Younger LEGO builders and Formula 1 fans ⏱ 1.5 hr build 🧩 113 pcs
★★★☆☆ 3.8

Fans appreciate this set for its simple yet recognizable design and the inclusion of a Ferrari driver minifigure. However, some find the build too basic and the level of detail lacking compared to more modern LEGO car models.

📝 Our Take

The Ferrari F1 Racer 1:24 is a neat little set capturing the essence of early 2000s Formula 1 racing. While not a massive set in terms of piece count, it offers a fun build and a recognizable design of the iconic Ferrari F1 cars from that era. The inclusion of a driver minifigure adds to the playability and display value.

This set is perfect for younger LEGO enthusiasts or fans of Ferrari and Formula 1 racing. The build is relatively straightforward, making it accessible for beginners, and the finished model looks great on a desk or shelf. It's also a good impulse buy or gift for car enthusiasts.

Skip this if you are looking for a highly detailed or complex LEGO building experience. With just over 100 pieces, it's a quick build that might not satisfy experienced LEGO builders. Consider larger, more detailed LEGO Technic car models if you want a more challenging project.

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🧱 Building Experience

🧩
113
Pieces
1.5h
Build Time
📊
Beginner
Difficulty
Build Highlights:
  • Simple and straightforward building process
  • Uses Technic pins to secure the wheels
  • Includes printed elements for added detail
  • Compact size makes it easy to display

📈 Investment Analysis

→ Price stable
B
Investment Grade
⏳ Active
The Ferrari F1 Racer 1:24 set, being a licensed product from 2004, has some potential for appreciation. Its relatively low piece count and original retail price mean it may not see exponential growth, but its age and the popularity of the Ferrari brand could make it a decent investment. The presence of a minifigure also adds to its collectibility. As a retired set, its availability is limited, which can drive up its value over time. However, condition and completeness are key factors in determining its value on the secondary market. Keeping the set sealed in its original box would maximize its investment potential.

Not Financial Advice: Content is for educational purposes only. Past performance doesn't guarantee future results. Full disclaimer

Compare Similar Sets

This set offers a smaller, more accessible alternative to larger, more complex LEGO Technic Ferrari models. It's a good entry point for younger builders or those who prefer a simpler build. While it lacks the intricate detail of larger sets, it captures the essence of a Formula 1 car at a fraction of the price and shelf space. Consider sets like the LEGO Speed Champions Ferrari 488 GT3 for a more modern and detailed alternative, or larger Technic models for a more advanced build.

1 Minifigures Included

The Race Driver - Ferrari minifigure is a nice addition, featuring the classic Ferrari racing suit design. While not exceptionally rare, it's a good collectible for Ferrari fans.

📦 Full Parts Inventory - 51 unique parts • 109 total pieces

Tile 1 x 4 with Groove Tile 1 x 4 with G...
Part #: 2431 Red
Headwear Accessory Visor For Standard Helmet Headwear Accessor...
Part #: 2447 Trans-Brown
Wedge Plate 3 x 3 Cut Corner Wedge Plate 3 x 3...
Part #: 2450 Red
Plate Round 2 x 2 with Rounded Bottom [Boat Stud] Plate Round 2 x 2...
Part #: 2654 White
Technic Pin with Friction Ridges Lengthwise and Center Slots Technic Pin with ...
Part #: 2780 Black
Wheel Rim 24 x 14 VR with Center Axle Hole Wheel Rim 24 x 14...
Part #: 2994 Light Bluish Gray
Brick 2 x 3 Brick 2 x 3
Part #: 3002 Red
Brick 1 x 2 Brick 1 x 2
Part #: 3004 Red
Plate 2 x 2 Plate 2 x 2
Part #: 3022 Red
Plate 1 x 2 Plate 1 x 2
Part #: 3023 Red
Plate 1 x 1 Plate 1 x 1
Part #: 3024 Red
Plate 4 x 10 Plate 4 x 10
Part #: 3030 Black
Plate 2 x 8 Plate 2 x 8
Part #: 3034 Black
Slope 45° 2 x 1 with Bottom Pin Slope 45° 2 x 1 w...
Part #: 3040b Red
Tile 2 x 2 with Groove Tile 2 x 2 with G...
Part #: 3068b White
Tile 2 x 2 with Groove Tile 2 x 2 with G...
Part #: 3068b Red
Technic Brick 1 x 2 with Axle Hole Type 2 [X Opening] Technic Brick 1 x...
Part #: 32064b Black
Technic Pin Connector Plate 1 x 2 x 1 2/3 [Two Holes On Top] Technic Pin Conne...
Part #: 32530 Red
Plate 1 x 6 Plate 1 x 6
Part #: 3666 Red
Technic Brick 1 x 2 [1 Pin Hole] Technic Brick 1 x...
Part #: 3700 Red
Technic Brick 1 x 4 [3 Pin Holes] Technic Brick 1 x...
Part #: 3701 Black
Technic Brick 1 x 8 [7 Pin Holes] Technic Brick 1 x...
Part #: 3702 Black
Technic Brick 1 x 8 [7 Pin Holes] Technic Brick 1 x...
Part #: 3702 Red
Technic Axle 4 Technic Axle 4
Part #: 3705 Black
Technic Axle 6 Technic Axle 6
Part #: 3706 Black
Technic Bush Technic Bush
Part #: 3713 Light Bluish Gray
Technic Axle 10 Technic Axle 10
Part #: 3737 Black
Plate Special 1 x 2 with 1 Stud without Groove (Jumper) Plate Special 1 x...
Part #: 3794a Red
Plate 2 x 6 Plate 2 x 6
Part #: 3795 Black
Plate 2 x 6 Plate 2 x 6
Part #: 3795 Red
Steering Stand 1 x 2 with Black Steering Wheel Steering Stand 1 ...
Part #: 3829c01 Red
Plate 2 x 10 Plate 2 x 10
Part #: 3832 Black
Brick Special 1 x 1 with Headlight Brick Special 1 x...
Part #: 4070 Black
Technic Pin 1/2 Technic Pin 1/2
Part #: 4274 Light Bluish Gray
Wedge Plate 4 x 4 with 2 x 2 Cutout Wedge Plate 4 x 4...
Part #: 43719 Red
Wedge Plate 3 x 2 Right Wedge Plate 3 x 2...
Part #: 43722 Red
Wedge Plate 3 x 2 Left Wedge Plate 3 x 2...
Part #: 43723 Red
Brick Curved 6 x 2 Brick Curved 6 x 2
Part #: 44126 Red
Flag 2 x 2 Trapezoid with Flat Area between Clips Flag 2 x 2 Trapez...
Part #: 44676 Black
Bracket 1 x 2 - 2 x 2 Bracket 1 x 2 - 2...
Part #: 44728 Red
Cone 1 x 1 [No Top Groove] Cone 1 x 1 [No To...
Part #: 4589 Light Bluish Gray
Plate Special 1 x 2 with Bar Up [Horizontal Arm 6mm] Plate Special 1 x...
Part #: 4623 Red
Pullback Motor 9 x 4 x 2 2/3 Pullback Motor 9 ...
Part #: 47715 Black
Panel 1 x 2 x 2 [Hollow Studs] Panel 1 x 2 x 2 [...
Part #: 4864b Black
Panel 1 x 2 x 1 [Square Corners] Panel 1 x 2 x 1 [...
Part #: 4865a Red
Sticker Sheet for Set 8362-1 Sticker Sheet for...
Part #: 50289 [No Color/Any Color]
Wedge 3 x 4 [Stud Notches] Wedge 3 x 4 [Stud...
Part #: 50373 Red
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 Trans-Red
Plate Round 1 x 1 with Solid Stud Plate Round 1 x 1...
Part #: 6141 Light Bluish Gray
Panel 1 x 1 x 1 Corner Panel 1 x 1 x 1 C...
Part #: 6231 Red
Technic Pin Long with Friction Ridges Lengthwise, 2 Center Slots Technic Pin Long ...
Part #: 6558 Black
Tyre 30.4 x 14 VR Tyre 30.4 x 14 VR
Part #: 6578 Black
Technic Gear 12 Tooth Bevel Technic Gear 12 T...
Part #: 6589 Light Bluish Gray
Tile 1 x 6 with Groove Tile 1 x 6 with G...
Part #: 6636 Red
Technic Pin Connector Round [No Slot] Technic Pin Conne...
Part #: 75535 Black
The set features a good selection of red plates and bricks, useful for building vehicles. The Technic pins are also valuable for connecting elements in MOCs.

💎 Notable Parts

Light Bluish Gray Plate Round 1 x 1 with Solid Stud (6x) $0.30
Black Technic Pin with Friction Ridges Lengthwise and Center Slots (6x) $0.30
Black Brick Special 1 x 1 with Headlight (2x) $0.40
Light Bluish Gray Wheel Rim 24 x 14 VR with Center Axle Hole (4x) $0.80
Black Tyre 30.4 x 14 VR (4x) $1.20
Est. BrickLink Part Value
$3.00

💡 MOC Potential

🚗 Modifications to create different F1 car models
🚗 Convert to a generic race car
🚗 Build a small go-kart

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Charts Inventory Statistics

51
Unique Parts
109
Total Pieces
1
Minifigures
Inventory Version: 1