The F430 Spider is the convertible version based on the coupé. The 430 Spider is Ferrari's 21st roadgoing convertible. The Spider is - just like the coupé - quite similar in looks to the Ferrari 360.

Despite the car's mid-mounted engine Ferrari's engineers found a way of creating a hood that automatically folds away inside the engine bay, thus ensuring purity of line. The striptease from a closed top to an open-air convertible is a two-stage folding-action that has been dubbed "a stunning 20 second mechanical symphony". After a short to and fro, the entire top disappears into a closed storage area between the seating and the engine.

The interior of the Spider is identical to the coupé.