This is a model of the Ferrari 360 Modena, produced from 1999 to 2005.
The 360 Modena was a landmark car for Ferrari and a huge commercial success. It was designed by Pininfarina and replaced the F355. Key identifying features visible in your model include the distinctive side air intakes (those black scoops behind the doors), the smooth flowing bodylines, and the characteristic five-spoke alloy wheels with the Ferrari prancing horse logo on the center caps.
The real car was revolutionary in several ways: it was Ferrari's first car to use an all-aluminum space frame chassis, which made it both lighter and stiffer than its predecessor. Under the rear deck sat a 3.6-liter V8 engine producing 400 horsepower, good for a top speed of about 295 km/h and 0-100 km/h in around 4.5 seconds.
The "Modena" name pays tribute to the city in Italy's Emilia-Romagna region where Ferrari is headquartered. This model was also famously available with Ferrari's F1-style paddle-shift gearbox, which helped bring that technology into the mainstream.