diff --git a/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRule.kt b/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRule.kt
index 171007e505..2188b92315 100644
--- a/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRule.kt
+++ b/ktlint-ruleset-standard/src/main/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRule.kt
@@ -2,6 +2,7 @@ package com.pinterest.ktlint.ruleset.standard.rules
 
 import com.pinterest.ktlint.rule.engine.core.api.AutocorrectDecision
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.BLOCK_COMMENT
+import com.pinterest.ktlint.rule.engine.core.api.ElementType.CONSTRUCTOR_CALLEE
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.EOL_COMMENT
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.FUNCTION_TYPE
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.IDENTIFIER
@@ -10,6 +11,7 @@ import com.pinterest.ktlint.rule.engine.core.api.ElementType.LPAR
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.PRIMARY_CONSTRUCTOR
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.RPAR
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.SUPER_KEYWORD
+import com.pinterest.ktlint.rule.engine.core.api.ElementType.SUPER_TYPE_CALL_ENTRY
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.TYPE_ARGUMENT_LIST
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.VALUE_ARGUMENT_LIST
 import com.pinterest.ktlint.rule.engine.core.api.ElementType.VALUE_PARAMETER_LIST
@@ -20,6 +22,7 @@ import com.pinterest.ktlint.rule.engine.core.api.ifAutocorrectAllowed
 import com.pinterest.ktlint.rule.engine.core.api.isWhiteSpaceWithoutNewline
 import com.pinterest.ktlint.rule.engine.core.api.nextLeaf
 import com.pinterest.ktlint.rule.engine.core.api.prevLeaf
+import com.pinterest.ktlint.rule.engine.core.api.prevSibling
 import com.pinterest.ktlint.ruleset.standard.StandardRule
 import org.jetbrains.kotlin.com.intellij.lang.ASTNode
 import org.jetbrains.kotlin.com.intellij.psi.PsiWhiteSpace
@@ -49,7 +52,14 @@ public class SpacingAroundParensRule : StandardRule("paren-spacing") {
                                 // Super keyword needs special-casing
                                 prevLeaf.prevLeaf()?.elementType == SUPER_KEYWORD ||
                                 prevLeaf.prevLeaf()?.treeParent?.elementType == PRIMARY_CONSTRUCTOR ||
-                                prevLeaf.prevLeaf()?.treeParent?.elementType == TYPE_ARGUMENT_LIST
+                                (
+                                    // Disallow:
+                                    //     class Foo : Bar ("test")
+                                    //     class Foo : Bar<String> ("test")
+                                    node.treeParent.treeParent.elementType == SUPER_TYPE_CALL_ENTRY &&
+                                        prevLeaf.prevSibling()?.elementType == CONSTRUCTOR_CALLEE &&
+                                        prevLeaf.prevLeaf()?.treeParent?.elementType == TYPE_ARGUMENT_LIST
+                                )
                         ) &&
                         (
                             node.treeParent?.elementType == VALUE_PARAMETER_LIST ||
diff --git a/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRuleTest.kt b/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRuleTest.kt
index 1812e0e506..104ca5b8f0 100644
--- a/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRuleTest.kt
+++ b/ktlint-ruleset-standard/src/test/kotlin/com/pinterest/ktlint/ruleset/standard/rules/SpacingAroundParensRuleTest.kt
@@ -62,6 +62,15 @@ class SpacingAroundParensRuleTest {
             .isFormattedAs(formattedCode)
     }
 
+    @Test
+    fun `Given a function type inside a type projection then do not remove space before the opening parenthesis`() {
+        val code =
+            """
+            val foo: Map<Foo, (Foo) -> Foo> = emptyMap()
+            """.trimIndent()
+        spacingAroundParensRuleAssertThat(code).hasNoLintViolations()
+    }
+
     @Test
     fun `Given a variable declaration with unexpected spacing around the opening parenthesis of the expression`() {
         val code =