Ferrari F500:

Ferrari F500 spy shot

Spy photographers caught Ferrari’s replacement for the F430 out testing. According to AutoBild the new model will be launched in 2009. It should be powered by a five-liter engine that will deliver 500 hp, and the power increase should also see the name changed to F500.

The new model is designed to take on the Porsche GT2 and will be priced below 200,000 euros (about $310,000).