Ferrari 458 Challenge (2010)

This is the new Ferrari 458 Challenge, the newest  in a line of racers to emerge from Maranello. It was unveiled at today's annual dealer meeting in Italy and is destined to join the race in the 2011 Ferrari Challenge Trofeo Pirelli series. It's the 5th Ferrari designed to racing in the Pracing Horse's one-make series.

The new 458 Challenge is a mix of stock 458 Italia and new competition spec upgrades. The 4.5-litre V8 is road car legal and develops the same 562bhp at a neck-tingling 9000rpm, but it'll soar to that epic redline more frequently thanks to shorter gearing.

The twin-clutch gearbox is re calibrated again to ensure more torque at lower speed, too. But amateur race hands be relieved: the E-DIff electronics remain on hand to curb the worst tail slides on track.

So what makes the Ferrari 458 Challenge a racer?

One of the chief differences between the 458 Italia road car and this Challenge racer is a diet, says Ferrari, although it has yet to issue a kerb weight. The bodyshell panels are thinner in most places and much of the glasswork is replaced by Lexan plastic.

The Challenge should corner on the obligatory tramlines, thanks to a thorough overhaul of the already-not-at-all-shabby suspension. Out go the rubber bushes replaced by solid aluminium bushing; the springs are stiffer and dampers recalibrated; the ride is dropped 30mm all round; and Pirelli slicks are fitted to the new quick-release 19in rims.

Brembo's latest CCM2 brakes from the 599XX are donated to the 458 Challenge to wipe off all that speed. And to help you pile the clicks back on, an upgraded F1-Trac traction control system is added with dry and wet settings to put the ponies to the track. Yet more settings on the manettino steering wheel switch to befuddle the driver mid-corner.