The Ferrari F430 is a sports car automobile, the replacement for the Ferrari 360. It debuted at the September, 2004 Paris Motor Show. European left-hand drive sales began in November, 2004, but right-hand drive sales will not start until Spring 2005, and the United States will not get the F430 until the Summer of 2005.

The F430's chassis is heavily based on its predecessor, the 360. Internally, both cars are referred to with the same number (131), though the F430 has the Evoluzione tag attached to show that it features some major changes.

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 have been added, and that car's interior vents have been added to the F430 as well. The car's name has been etched into the outside of the Testarossa-styled driver's side mirror as was previously done with the F40. The large oval openings in the front bumper are remeniscent of Ferrari racing models from the 1960s, specifically the "sharknose" F1 World Championship winning car of Phil Hill.

Along with a restyled body, the F430 features a 4.3 L V8 engine derived from a shared Ferrari/Maserati design. This new powerplant is a significant departure for the F430's line: The engines of all previous V8 Ferraris were descendents of the "Dino" racing program of the 1950s. This 50 year development cycle comes to an end with the entirely new 4.3 L, the architecture of which will later replace the Dino-derived V12 in most other Ferrari cars. Power is expected to be 490 hp (360 kW) and torque 343 ft.lbf (465 Nm).

Other notable features include the first application of Ferrari's manettino steering wheel-mounted control knob. Drivers can select from five different settings with modify the vehicle's "Skyhook" electronic suspension, transmission behavior, throttle response, and active "E-Diff" differential. The feature is similar to Land Rover's "Terrain Response" system.

The E-Diff is another important addition. It is a computer-controlled limited slip differential which can vary the distribution of torque based on inputs such as steering angle and lateral acceleration.

Car and Driver found the E-Diff impressive, and recorded a 3.5 sec 0-60 mph acceleration run in the F430. This makes it the second-quickest Ferrari road car ever made, after the Enzo.