Farman had earlier produced the Stampe SV.4 under licence, and with the co-operation of Stampe designed a two-seat training monoplane using SV-4 components designated the Farman F.500. The prototype, named the Monitor I, first flew on 11 July 1952, it was a cantilever low-wing monoplane of mixed construction and conventional tail unit. It had a fixed tailwheel landing gear and room for two crew in tandem under a continuous canopy and was powered by a 140 hp (100 kW) Renault 4Pei engine. The production version designated the Monitor II was placed into production and first flew on 5 August 1955, it had all-metal wings and a Salmson-Argus engine. Production also took place in Belgium with Stampe et Renard under the designation SR.7B Monitor IV.