After winning its 16th Formula one constructors championship last week, Ferrari has chosen this week to release a open top version of the F430 Scuderia. The Scuderia Spider 16M gets all the goodies from the lightweight Scuderia coupe like the 510 hp 4.3L V8 and the 6-speed F1 paddle shift gearbox. Ferrari is claiming the Scuderia Spider is the fastest open top model they've ever tested around the Fiorano test track, presumably beating out even the might F50 of decade ago. The Scuderia is 176 lbs lighter than a standard F430 spider at 2954 lbs dry. That's claimed to be good enough for a 0-62 mph sprint in 3.7 seconds and a terminal velocity of 195.7 mph. As a limited series model Ferrari has of course added lots of distinguishing features like a carbon fiber shell around the roll bar, number plaque on the dash and special interior trim packages. Only 499 Scuderia Spiders will be built and they will undoubtedly be priced higher than the $277,000 US base price of the coupe. For those with access to that much disposable cash, it will surely be worth the price of admission. The press release is after the jump.