The Gallardo hooks up all four wheels and just goes. As the tach needle swings past 2800 rpm (3400 if you’re not absolutely right on it), the exhaust bypass valve opens, and the big V-10 bellows as if it’s suddenly been switched through a stack of Marshall amps. Turned to 11. The redline is 8100 rpm, but you’d better start fanning that right-side paddle the instant you see the needle swing by 7600, otherwise the engine smacks the rev-limiter so hard you’ll damn near head-butt the steering wheel. Get it right, though, and you’ll hit 60 mph in just 3.8 seconds, 100 mph in 9.0, and storm through the quarter mile in 12.1 seconds at 116.3 mph.

From the very first corner, the Gallardo feels, well, German: solid, measured, and utterly convincing. Left foot hard on the brakes, click the left-side paddle, and the engine gulps a great lungful of air before grunting out a monstrous yelp as the tranny selects the next ratio down. The Gallardo dives for the apex the moment you pull the steering wheel off center and grips like a limpet as you carve through the middle section of the turn on a neutral throttle. As with most all-wheel-drive cars, it pays to wait a bit until you nail the gas hard again, but when you do you can feel the front wheels helping to pull you out as the Gallardo catapults to the next corner. It’s awesomely good, easily the best-handling Lambo in history.

But you only need a half mile in the Ferrari to realize the F430 is the driver’s car of this pair. From the moment you get underway, it instantly feels more agile, more eager, more responsive than the Lamborghini. That’s partly because the Gallardo weighs 362 pounds more than the F430, but also because of the Germanic heft of the controls. You steer the F430 with your fingertips, but the Gallardo with your shoulders.

The Ferrari’s V-8 is a screamer, zinging around to its 8500-rpm redline with a shattering calico-rip of sound as the exhaust bypass valves snap open. The F1 paddle-shift transmission is easily the best in the business, so sensitive and responsive you swear there’s a mechanical linkage between your fingertips and the six ratios out back. Ferrari’s greater experience with paddle-shifters also shows in the smoother clutch takeup and more adjustability within the transmission modes: The Gallardo leaves you wondering, but after the F430’s F1 tranny, you’ll never want a stick shift again.

The manettino control on the F430’s steering wheel allows five different performance modes: Ice, Low Grip, Sport, Race, and no-traction-control CST. Switch from Sport to Race, and the suspension firms up and the shifts quicken noticeably. What’s impressive is that even in Race mode the F430 rides better than the Lamborghini, its lighter weight, longer wheelbase, and what appear to be softer spring rates enabling it to dance across lumps and bumps in the road. And by just feathering the gas as you fan the right paddle, the Race mode shifts are the quickest and smoothest you’ll ever experience in a manual car around town.

Ferrari doesn’t offer launch control on U.S.-spec F430s (they must think we’re soft), but our Italian-spec tester had it. And using that mode, along with the little-known cheat code built into the transmission software (see MT, June 2005), we were able to nail 60 mph in 3.8 seconds, 100 mph in 8.6 seconds, and the standing quarter in 12.0 seconds at 120.7 mph. This technique, which involves zinging the engine and simultaneously stepping off the brake at 4700 rpm (the computer then allows the clutch to slip instead of the tires to maximize drive, like a Top Fuel dragster), isn’t officially approved by Ferrari because if you get it wrong (you don’t gradually bring the engine revs up; it all has to be done in one fluid, rapid sequence), that expensive clutch is toast. So for us, those numbers are academic.

This is the third F430 we’ve tested, and we’ve found the basic CST-mode launch results in times about two- to three-tenths slower across the board. And even with the trick launch sequence, the Ferrari can’t match the astonishing grip of the all-wheel-drive Gallardo off the line (at 1.2 seconds, the Lamborghini is a whole two-tenths of a second quicker to 30 mph), though by the time it’s hooked up, the prancing horse starts reeling in the raging bull, building speed more rapidly through the gears.

Throw the F430 some corners, however, and the sublime steering, better gearing, firmer brake pedal, and more responsive engine (the Gallardo’s V-10 seems to build thrust in a curiously languid manner that has you wondering whether there really are 513 ponies corralled out back) lift it into another league. The Ferrari rewards precision, yet remains supremely adjustable: On the test track, it sliced through the slalom nearly two mph faster than the Lamborghini, test shoe Neil Chirico gently teasing the tail out through the cones. The Gallardo initially feels more relaxed than the F430, but it’s only when you switch between the two that you suddenly realize how much more physical effort you put into driving it.

To be honest, we’d rather have the coupe versions of either of these cars. But if we had to choose one, it would be the Ferrari. Yes, the looks are a bit disappointing, and the build quality not as good as that of the Gallardo. But it’s the most inspiring of the two to drive. You feel hardwired into the Ferrari’s central nervous system, totally aware of every man-machine interaction and reaction, and totally in command.

At least that’s what you can tell the valet parking guy.

And the Winner Is

1st Place: Ferrari F430 Spider

2nd Place: Lamborghini Gallardo Spyder

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