On 6 March 2018, Ferrari unveiled the 488 Pista (track in Italian) at the Geneva Motor Show. The Pista's design was influenced by the 488 GTE and 488 Challenge race variants. The car has received many mechanical and exterior modifications to make it more capable than the 488 GTB.

The 3.9-litre twin-turbocharged V8 engine now generates a power output of 530 kW (720 PS; 710 hp) at 8,000 rpm and 770 N⋅m (568 lb⋅ft) of torque at 3,000 rpm due to the use of new camshafts, a larger intercooler, strengthened pistons, titanium connecting rods and Inconel exhaust manifolds in the engine borrowed from the 488 Challenge. Revisions to the 7-speed dual-clutch transmission also allow for shifts in 30 milliseconds when drivers enter race mode.