Actually red is pretty common for Ferrari!
When I went to look at it, I thought it was black (it looked black in the photos). I even asked the place if I could come and see the "black E55" and they didn't correct me.
When I got there, it was grey. I wasn't disappointed though because although it wasn't black, it looked stunning in the showroom.
Many people have commented on how much they like it. Partly I think because the colour suits it but also because it is quite rare. I've probably only seen 5 Tektite Grey ones since I bought it. I've probably seen the same number of TG W21 E55s which really suits that car (and I don't even like the W210).
I don't think I've ever seen a TG MB let alone a 55K. I was staring at the pictures for ages wondering if the repro was odd and it was actually black. Evidently not.