The most "feature-deep" version of the 242 Turbo is the 1983 , created to meet FIA Group A racing requirements.
: Volvo reportedly equipped these 500 cars with race-ready parts (water injection, larger turbos, and spoilers) for inspection, then removed the parts before selling them to the public. Volvo 242 Turbo v 1.01
: Only 500 units were built specifically for homologation. Most were sold in the U.S. with the "flathood" front end. The most "feature-deep" version of the 242 Turbo