The Ascot Universal 550 is a farm tractor built by Ascot Universal in Brasov, Romania. It features a UTB 3.1L 4-cylinder liquid-cooled diesel engine producing 55 hp (41.0 kW) with a 12-speed constant mesh transmission and an 8-speed shuttle option. The tractor offers two- or four-wheel drive, mechanical rear differential lock, power steering, dry band brakes, and optional cab with ROPS. It has an open center hydraulic system with 10.8 gpm pump flow and a rear hitch with position and draft control capable of lifting 4630 lbs (2100 kg). The rear live PTO operates at 540 rpm. Tires are 7.50-16 front and 18.4-28 rear, and the tractor weighs 4600 lbs (2086 kg). Originally priced at $24,000 in 1981, it is a versatile and robust tractor suitable for various farm tasks.