Ferrari name road car in F1 title tribute

Nov.10 - The designation of Ferrari's latest road car is a tribute to the Italian marque's constructors' world championship of 2008.

A convertible version of the 430 Scuderia has been launched at the Ferrari World Finals; named '16M' in commemoration of the Italian brand's sixteenth such title.

This year would also have seen Ferrari secure its 16th drivers' crown, but Felipe Massa was beaten by 1 point by Lewis Hamilton.

The 430 Scuderia 16M is expected to cost about $320,000.