These include modifications in the area of aerodynamics such as additional air deflectors or similar or improved suspension units.

[14] The F308 is a conventional Formula 3 racing car with a carbon fiber reinforced plastic monocoque, load-bearing mid-engined, and free-standing wheels.

[19] Compared to the previous generation Dallara F308, the 312 features a higher monocoque and a lower nose-section than the outgoing model, with the front dampers and springs being placed inside the tub, a first for a Dallara F3 car, alongside a revised aerodynamic package.

The car was unveiled at the Masters of Formula 3 event on the 20th of October 2011 at Circuit Zandvoort, in the Netherlands.

[22] However, some series like the Euroformula Open Championship opted for a slightly upgraded F312 chassis instead of the F317 package to keep costs low.