The F430's chassis is heavily based on its predecessor, the 360. Internally, both cars are referred to with the same model number (F131), though the F430 has the Evoluzione tag attached to show that it features some major changes. Internally, the car is simply known as the "Evo".
The MSRP for a Ferrari F430 is between $168,005–$227,000 in the United States. The F430 is sold starting at about £120,000 in the United Kingdom, approximately €175,000 in the European Union and $389,000 for the base model to $450,000 for the Spider F1 Sequential in Australia.
The body has been redesigned to be more curvaceous and aerodynamic. Although the drag coefficient remains the same, downforce has been greatly enhanced. A great deal of Ferrari heritage is found in the car: at the rear, the Enzo's tail lights and interior vents have been added. The car's name has been etched into the Testarossa-styled driver's side mirror. The large oval openings in the front bumper are reminiscent of Ferrari racing models from the 60s, specifically the 156 "sharknose" Formula One car and 250 TR61 Le Mans cars of Phil Hill.