458 Italia Spider [Video]

Should have titled this "News for the rich." Just as the first fleet of this car are making their way onto our streets, causing a lot of problems due to excessive rubbernecking. Ferarri makes the car look even better , by dropping the roof on this beast. What is being hailed as the first  mid-engined exotic with a retractable hardtop, has officially been unveiled. The mechanism is similar to the one on the Superamerica, but whereas that model's roof panel simply rests under the open sky on the rear deck, the 458 stows under the deck lid, protecting it from collecting dust or rain that would otherwise be deposited on the driver and passenger when deployed.

The function is simpler than most folding contraptions and resulting form is more pleasing to the eye as well, but the one disadvantage is that the 4.5-liter direct-injection V8 (with all its 562 prancing horses and trademark crackled red cam cover) is now hidden below decks instead of displayed as on the 458 Italia coupe. Which only goes to show that while you can come close to having your proverbial cake and eating it too, even this level of performance roadster has its trade-offs. This, though, strikes us as one we could live with. You know, if we really had to.

Follow the jump for the video and full press release, and be sure to scope out the initial batch of high-resolution images in the gallery as we gear up for the 458 Spider's debut at the Frankfurt Motor Show just a few weeks from now. Iwant!!!

L.G