Up front, the fascia packs thirstier air intakes, while most of the nose has been changed, with the result being an angled lower front fascia. Stating the angle of the resulting nose reminds us of the infamous 288 GTO would be too much of a stretch, but we can certainly say that about the "tail" adorning the rear of the machine.
And while the rear diffuser and the pair of exhaust pipes seem to have been retained, the rear fascia also packs new styling cues. In fact, the entire rear section of the car appears to be different and we're also talking about the engine cover here.
Dressed in what is probably a special shade of White whose details we can't see due to the poor quality of these pics, the Prancing Horse also features the Italian flag as three central stripes.
Speaking of the images, these come from Davide Cironi - for the record, we're dealing with a test driver whose resume includes a job as a Ferrari driving instructor, so the spotting only seems natural now that we know this detail.
Ferrari has always known how to take advantage of one-off requests, with the kind of customers commissioning such projects ranging from the Sultan of Brunei to American investment specialist and film director James Glickenhaus.
Until we get more details on the 488 matter, make sure you check out the image gallery below, since we've also added pics of the "standard" 488 GTB, as well as of the 288 GTO.
Update: The 488 one-off was spotted testing on the Prancing Horse's Fiorano home track today and you can find a set of related images in the gallery below.
Update 2: The rumor mill talks about this Ferrari Special Projects creature being destined for a Japanese owner.