BATTERY OPERATED METAL FERRARI CAR. Toy was made for SEARS. Bottom of car says "Sign of B Quality" (the B is the Bandai logo).
I tested with new D batteries but doesn't work. Some rust on bottom and in battery well. Rear wheel on driver side is missing. Rear tail light is missing.
I'm the original owner of this toy car. It has been in a box for decades. From a smoke and pet free home.