Built to replace the 360 GTC in 2006, the GT2 is a racing car designed to compete in international GT2 class competition, such as in the American Le Mans Series, Le Mans Series, and FIA GT Championship. F430 GT2s also compete at the 24 Hours of Le Mans. They are the fastest and most developed racing versions of the F430.
In FIA GT2 championship, in order to render the car performances more uniform, the cars are forced to run with a specific minimal weight and with an engine restrictor that depends on the engine displacement. Hence the 4.3 L V8 engine in GT2 races is destroked to 4.0 L in order to compete in the 3.8–4.0 L class, which is allowed to race with a minimum weight of 1,100 kg (2,425 lb). Using the 4.3 L engine, the minimum weight of the F430 would increase by 50 kg (110 lb). In this race configuration, the engine produces somewhat less power, but this is compensated by the lower car weight, which yields a better weight/power ratio.
The F430 GT2s won their class championships in the ALMS and FIA GT, as well as scoring a class win at the 2007 12 Hours of Sebring.