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It shared its engine with the 125 S sports racer which preceded it by a year, but was developed at the same time by Enzo Ferrari, Valerio Colotti and the famed designer, Gioacchino Colombo.
The 1.5 L Gioacchino Colombo-designed V12 engine of the 125 was changed, however, with single overhead camshafts specified and a larger 2.0 L (1995 cc/121 in³) displacement.
In the early 1950s, Ferrari shifted from using the compact Gioacchino Colombo-designed V12 engine in its smallest class of sports racers to a line of four-cylinder engines designed by Aurelio Lampredi.