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Ferrari stunned the world with the release of the Ferrari 458 Italia, a sexy beast of a car which won award after award.

Now Ferrari has pushed this amazing exotic up yet another notch. The highly anticipated 458 Spider was unvieled recently at the Frankfurt auto show. Its even sexier with its top off. For the first time ever on a Ferrari, the 458 Spider featers a retractable hardtop, one which drops in 14 seconds. 

The Ferrari 458 Spider engine is the same V8 that was used in its predecessor, the F430. This time around, though, it's been tweaked to put out 562 hp. You won't get to see this magnificant engine under glass like you can on the 458 Italia on account of the retractable top, but the trade off is that everyone's eyes will be on you as you drive past.

Owning a Ferrari 458 Italia Spider would set you back about $300,000. True Exotic is expecting to add this beautiful car to its fleet in 2012, providing Los Angeles residents and visitors with the chance to spend some qualtiy time behind the wheel of this awesome machine. Are you looking forward to renting the Ferrari 458 Spider?