 
The F430 Challenge also makes its Italian debut at the Bologna Motor Show. The new Prancing Horse competition car is derived from the 8-cylinder road-going berlinetta and will take part in the Ferrari Challenge Trofeo Pirelli single-series championship from the 2006 season on. Ferrari has also reaffirmed the strong link between its GT and sporting divisions with the new F430 Challenge which is specifically designed to meet the expectations of its sportier clients. The F430 Challenge retains the same general look and 490 hp engine as the roadgoing version. However, it also incorporates a large number of significant track-oriented modifications and a host of new features not seen in the car currently used in the series, the 360 Challenge, which it joins on the track next season and completely replaces in 2007. As ever, the transfer from Formula 1 is significant, particularly with regard to the braking system which uses carbon ceramic material (CCM) - a first for a Ferrari sports competition car. The electronic gearbox is also F1-derived and works in exactly the same way as the one used on the grand prix car. Thanks to a sintered twin-plate clutch and specific software, it also offers the same gear-changing times as the road-going F430 (150 ms). Fifth and sixth gear ratios have also been modified with respect to the road-going version, as has the final drive ratio, in order to make the most of the engine on all the circuits where the F430 Challenge will race. The new 19'' slick tyres, developed specifically by Pirelli for this track model, are designed to comply with the very strict racing regulations that demand endurance whilst still delivering outstanding performance. The F430 Challenge boasts a kerb weight of just 1225 kg (excluding fuel). Weight has been reduced in every area of the car: of particular note are the Lexan® windscreen, the all-carbon fibre intake plenum cover, and specific exhaust system. To ensure that drivers extract the full benefit of the car's performance on the track, the E-Diff has been replaced by a mechanical differential and the EBD has been replaced with a mechanical system. Similarly, the stability control has been permanently disengaged, while the ASR can be switched off by the driver. All the other electronic systems have been set up in "race" mode, thus eliminating the need for the manettino switch. The ABS is always active. Another important feature introduced in the F430 Challenge is the new steering wheel which has a quick release mechanism to provide easier access for drivers. The steering wheel also has buttons for communication with the pits, to set the pit lane speed and to interface with the new colour digital instrument panel. The rear of the car is characterised by the specific exhaust system which has high central tail pipes, and by the modified grille which increases the extraction of hot air from the rear of the engine bay. The anti-roll bars, springs and single-rate shocks have also been modified for racing use. The F430 Challenge also features new centre locking wheels and pneumatic air jacks for faster wheel changes in the pit lane. The FXX and F430 Challenge are joined on the Ferrari stand at Bologna by the 2004 Formula 1 World Championship-winning single-seater, the 612 Scaglietti, and the coupe and spider versions of the F430. The latter two models have won a plethora of international honours between them, most recently prestigious German car magazine Auto Zeitung's Supercar of the Year award. The F430 Spider was also named Supercar of the Year just this evening by BBC Top Gear, completing a well-deserved double for the F430 with the coupe version similarly honoured in 2004. 2005 was an important year for Ferrari both in terms of the company set-up and the new products it unveiled. In April, the Ferrari Maserati Group was dissolved and ownership of Maserati was transferred to Fiat in order to allow the Trident to establish a closer technical and commercial relationship with Alfa Romeo, particularly on the major international markets. Nonetheless, Ferrari and Maserati continue to collaborate on an industrial level, and with regard to technical projects, engines and sales networks. At the end of July, the Abu Dhabi government development company, Mubadala, acquired a 5% share in Ferrari from Mediobanca and was immediately committed to being an extremely reliable and stable partner with a range of exciting new business strategies to share. In early November, Ferrari and Aldar, an Abu Dhabi real estate company, announced an exclusive agreement to develop an innovative and exciting Ferrari Area in Abu Dhabi themed around the Ferrari brand. In October, Ferrari also announced the creation of a new Sales Unit for the Asia-Pacific region which covers a total of 13 markets, amongst which are Japan, China, Australia and Hong Kong. The region has enormous potential for development and is extremely strategic for Ferrari which envisages commercial successes in coming years. Finally, just a few days ago, Donato Coco joined Ferrari, replacing Frank Stephenson as the Prancing Horse's Chief Designer. Coco will now have the task of stimulating and directing the creativity of Ferrari's partners, including Pininfarina with which the Prancing Horse has enjoyed an exceptionally long and fruitful working relationship.
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