First of all, it's a key with some weight to it. It's smooth and big enough that it's enjoyable to hold without being too clunky. Its functional purpose is hidden on the back, where there are three buttons to lock and unlock the doors as well as pop open the trunk.
To start the car, you stick the key in the ignition and then press a separate button on the steering wheel. In that regard, the key really only has an aesthetic purpose. But hey, with the classic prancing horse and deep red color, it's not something I would mind lugging around.
Unfortunately, the key only comes with older Ferrari models like the FF. Even Ferrari has given up the traditional key or a fob, but this one is still among our favorites.