Ferrari The Race Experience is a racing simulator and an expanded sequel to Ferrari Challenge Trofeo Pirelli. It was also developed by Eutechnyx and published by System 3. Ferrari The Race Experience was released for the PlayStation Network in 2010 (no retail release for the PS3).

The majority of the 17 circuits and 32 cars have been recycled from Ferrari Challenge Trofeo Pirelli (including both DLC packs). Vehicle roster is now extended to include Ferrari models 599XX and 458 Italia. There is a new career mode, with three racing classes (covering Classic cars, GT Road cars and GT Race cars).[31] The PS3 version has also 1-16 player LAN and online multiplayer.