Ferrari has always something in  store for race car enthusiasts. The company is now set to charm the world with its new 458 Italia Grand Am race car.

This high-end vehicle is made in coalition with the famous Italian competition car maker Michelotto Automobili. This all new Grand Am is apparently based on the GT3. It  completely adheres to all the necessary safety and performance regulations for this category of automobiles.

This racing bull extracts its power from the integrated 500 PS (368 kW/493 hp) V8 engine, and comes equipped with a roll bar, a 48 mm restrictor and Continental tires.

What we found missing in the vehicle are the anti-lock brakes and traction control – we guess that makes it somewhat handicapped. But, it’s a Ferrari and we would always crave to drive one.