Ferrari's newest convertible is its quickest ever. The Ferrari F430 16M Scuderia Spider weighs 1340kg, has a 510hp engine, and hits 100 km/h in 3.7 seconds.

Ferrari's latest "best car ever" has just been introduced at the Bologna Motor Show in Italy. The Ferrari 430 16M Scuderia Spider comes with a power hardtop, which brings the weight of the F430 Scuderia Spider to 1340kg, down a full 80kg. A dual-clutch 7-speed transmission helps to improve driver control of the 510hp 4.3-liter V8.

Built as a mid-rear-engined high performance sports car, the Scuderia Spider 16M claimed a faster laptime at Fiorano than any other Ferrari convertible built to date.

You have two color choices for the car you can't afford: black with grey trim, or a tricolour livery made possible through the Carrozzeria Scaglietti Personalisation Programme. The convertible also comes with a commemorative plaque mounted to the rear grille, celebrating Ferrari's 16th Constructor's World Title.

0-100 km/h (62mph) time in only 3.7 seconds, and a top speed of 315 km/h (196 mph) makes this a truly special convertible. Emphasizing this, Ferrari has announced that the plant in Maranello will only produce 499 units of the Ferrari 430 16M Scuderia Spider, just like the Scuderia.

Ferrari 430 Scuderia Spider 16M Unveiled at Bologna Motor Show