The MSRP for a Ferrari F430 is between $168,005–$227,000 in the United States. The F430 is sold starting at about £120,000 in the United Kingdom, approximately €175,000 in the European Union and $389,000 for the base model to $450,000 for the Spider F1 Sequential in Australia.
The body has been redesigned to be more curvaceous and aerodynamic. Although the drag coefficient remains the same, downforce has been greatly enhanced. A great deal of Ferrari heritage is found in the car: at the rear, the Enzo's tail lights and interior vents have been added. The car's name has been etched into the Testarossa-styled driver's side mirror. The large oval openings in the front bumper are reminiscent of Ferrari racing models from the 60s, specifically the 156 "sharknose" Formula One car and 250 TR61 Le Mans cars of Phil Hill.
Other notable features include the first application of Ferrari's manettino steering wheel-mounted control knob. Drivers can select from five different settings which modify the vehicle's ESP system, "Skyhook" electronic suspension, transmission behavior, throttle response, and E-Diff. The feature is similar to Land Rover's "Terrain Response" system.
The Ferrari F430 was also released with exclusive Goodyear Eagle F1 GSD3 EMT tires. "A car with such performance needs to be equipped with the best tires on the market," said Jean Jacques Wiroth, European director of Original Equipment Sales and Marketing for Goodyear tires, adding "we are proud that Ferrari chose the Goodyear Eagle F1 with run-flat technology." The Eagle F1 GSD3 has a striking V-shaped tread design and OneTRED technology.
On the BBC Top Gear TV show, shown on the 17 July 2005, The Stig achieved a Power Lap time of 1:22.9. While the laptime was 0.89 seconds less than a Lamborghini Murciélago, the F430 was slower than the 360 Challenge Stradale at 1:22.3. The slower lap was blamed on the F430's Bridgestone tires supposedly having less grip than the Challenge Stradale's Pirellis.
Top Gear's Jeremy Clarkson has commented on the F430's handling being absolutely brilliant, a marked improvement over the 360; he claimed that Ferrari holds that "even the most butter-fingered, incapable driver could drive the F430 around their test track only one second slower than the most skilled test driver". He has in fact proclaimed, on more than one occasion, that the Ferrari F430 is "just about the best car I've ever driven", a status he previously attributed to the F355 (but never the 360).
The car develops about 300 kgf (2.9 kN) of downforce at top speed (without rear wing).
The F430 Spider is the convertible version based on the coupé. The 430 Spider is Ferrari's 21st roadgoing convertible. The Spider is - just like the coupé - quite similar in looks to the Ferrari 360.
Despite the car's mid-mounted engine Ferrari's engineers found a way of creating a hood that automatically folds away inside the engine bay, thus ensuring purity of line. The striptease from a closed top to an open-air convertible is a two-stage folding-action that has been dubbed "a stunning 20 second mechanical symphony". After a short to and fro, the entire top disappears into a closed storage area between the seating and the engine.
The interior of the Spider is identical to the coupé.
Built to replace the 360 GTC in 2006, the GT2 is a racing car designed to compete in international GT2 class competition, such as in the American Le Mans Series, Le Mans Series, and FIA GT Championship. F430 GT2s also compete at the 24 Hours of Le Mans. They are the fastest and most developed racing versions of the F430.
In FIA GT2 championship, in order to render the car performances more uniform, the cars are forced to run with a specific minimal weight and with an engine restrictor that depends on the engine displacement. Hence the 4.3 L V8 engine in GT2 races is destroked to 4.0 L in order to compete in the 3.8-4.0 L class, which is allowed to race with a mimimum weight of . Using the 4.3 L engine, the minimum weight of the F430 would increase by . In this race configuration, the engine produces somewhat less power, but this is compensated by the lower car weight, which yields a better weight/power ratio.
The F430 GT2s won their class championships in the ALMS and FIA GT, as well as scoring a class win at the 2007 12 Hours of Sebring.
Having a full 4.3 L engine the car is more powerful than the GT2 counterpart, however the GT3 rules require that the car has a weight/power ratio of about 2.6 kg/hp, hence the car has a minimium weight above in race trim (driver and fuel excluded). Considering the less developed aerodynamics, and about 10% of extra weight, the car is clearly slower than the GT2 version; for example in the 2007 Spa 24h race, in which both models were entered, the GT3 spec vehicle was about 8 seconds slower in its best qualification lap times than the GT2 spec vehicle.
Serving as the successor onto the Challenge Stradale, the 430 Scuderia was unveiled by Michael Schumacher at the 2007 Frankfurt Auto Show. Aimed to compete with cars like the Porsche RS-models and the Lamborghini Gallardo Superleggera, meaning super light weight, it is lighter (at 100 kg/220 lb) and more powerful (at 375.4 kW/503 bhp at 8500 rpm.) than the standard F430. Thus the weight-to-power ratio is reduced from 2.96 kg/hp to 2.5 kg/hp. In addition to the weight saving measures, the Scuderia semi-automatic transmission gains improved 'Superfast', known as 'Superfast2', software for faster 60 millisecond shift-times. A new traction control system combines the F1-Trac traction and stability control with the E-Diff electronic differential. The Ferrari 430 Scuderia does 0-62 mph (100 km/h) in less than 3.6 s, with a top speed of .
The cosmetic differences between the 430 Scuderia and the F430 upon which it is based include a re-styled front fascia, modified side-skirts, twin exhaust tips, a revised rear diffuser design, 19" wheels designed specifically for the 430 Scuderia, carbon-fibre wing mirrors, carbon-fibre challenge grille, two racing stripes along the middle and the 430 Scuderia badge.
The F430 has displayed a notable engine irradiation problem in its early model years. This issue regards an engine-overheating flaw which has a tendency to cause a fire in the engine bay, usually leading to the destruction of the car. The catalyst for the fire is the sustained high-RPM work of the engine. Highly heated exhaust gasses have a tendency to heat up exhaust components, which may come into contact with a variety of hoses or oil perspiration.