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A Freehold Ferrari is a nickname for a Chevrolet Camaro IROC-Z. Built from 1985 to 1990 this car featured lowered ground effects such as spoilers and front apron. This model was a popular model for young males and in the central New Jersey market, a favorite for young Italian males.
Did you see that guido driving his Freehold Ferrari.

Look, there goes another Italian in his Freehold Ferrari.
by Legend1984 August 07, 2010