As part of new FIA rules for the 2008 season which included banning driver aids via the introduction of a standard ECU for all teams, the F2007 was the last Ferrari Formula One car to use traction control.

The wheelbase is 85mm longer, from 3050mm to 3135mm, with the extra length added between the cockpit and front wheels, in order to maximize aerodynamic performance.

The cars, driven by Felipe Massa and Kimi Räikkönen, raced with the numbers 5 and 6 respectively as the team finished second in the 2006 Constructors' Championship.

[4][5] Martini returned for the second year with the team, however the logo was blocked out in France due to alcohol advertising being outlawed there.

An attempted sabotage of the car's fuel system was made prior to the Monaco Grand Prix by then Ferrari Head of Performance Development Nigel Stepney.[6].

McLaren meanwhile made a formal allegation that the Ferrari F2007 that won at the Australian Grand Prix had done so with illegal features discovered through the contact with Stepney.