Thrustmaster has unveiled its first peripheral for the Xbox One, the Ferrari 458 Italia Edition TX Racing Wheel. The accessory will be a 7:10 scale replica of the real-life Ferrari 458 Italia wheel, and features metal gas and break pedals, as well as die-cast paddle shifters.

Thrustmaster collaborated with Microsoft to develop the racing wheel, which includes Menu and View buttons for full compatibility with the upcoming console.Additional specifics and release information will be revealed at a later date, but the Thrustmaster TX Racing Wheel can be pre-ordered now through Gamestop and Amazon for $399.99. Mad Catz recently revealed its first Xbox One-specific racing wheel as well, although availability and pricing have yet to be announced.

Justin is all about his family and his gadgets. Follow him on MyIGN or on Twitter at @ItsTheLingo