The Sheaffer Ferrari 500 Red Ballpoint Pen. The mechanical designs of the Sheaffer Pen Corporation and the aesthetic appeal of the Scuderia Ferrari have come together to create the Ferrari Official Licensed Writing Instruments series. Consisting of four contemporary collections, these premium writing instruments embody values and characteristics synonymous with their parent companies. Each instrument reflects the same types of profound passion, extraordinary talent and incredible expertise. The gleam off the Ferrari 500’s fire-engine red body embodies the sleek, bold design of a Ferrari race car. The sleek red sheet is made of the highest quality material and is only interrupted by the world-renowned “White Dot” symbol of excellence.