Thrustmaster has pulled the sheet off of the Ferrari F1 Wheel Integral T500, a new and upcoming game controller modeled after the steering wheel of a real Ferrari F1 race car. The unit features their highly-sensitive H.E.A.R.T HallEffect AccuRate Technology™ as well as a foot stand with three pedals. The Ferrari F1 Wheel Integral T500 will be available in October at the suggested retail price of $699.99. The unit was designed for use on both Windows PCs as well as the PlayStation 3 platform.