The Sbarro Challenge III is a limited production car first presented in 1987. Only 10 cars were produced up until 1990.

The car differs from the previous versions it's engine being increased to a capacity of 3.3 litre, this developed 400 horsepower. The engines had 16 valves and two turbos. The cars were fitted with a five-speed manual gearbox and four-wheel ventilated disc brakes.

The top speed is 199mph (320 km/h).

The sale price of the car was 320,000 Swiss Francs.