Ferrari reveals sold-out LaFerrari Spider

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Ferrari's current supercar king, the LaFerrari, is a few years old, so naturally, now is the time to debut a more exclusive and expensive variant. Enter the LaFerrari Spider.

Ferrari tweeted an image of the new car this morning. Rumors of a convertible LaFerrari have circled for years, though this is the first time the car was seen by the public. It will debut in the flesh this fall at the Paris Motor Show. Earlier this year, the company showed the convertible to potential customers at a private event. Reaction was so strong, the car sold out almost immediately. The droptop is estimated to cost $1.4 million, 40-percent more than the standard version. About 150 to 200 cars will be built, far fewer than the run of 499 for the original.

The 949-horsepower, 6.3-liter hybrid V12 will remain in place,and Ferrari says the chassis and aerodynamics were modified to maintain performance. It will offer carbon-fiber and soft tops. Although the LaFerrari Spider most likely won't usurp the Bugatti Veyron and as the fastest convertible, it will still be one of the fastest and rarest cars in the world.

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