Transmission warning light comes on for a split second

Justin- If you are in Sport, the F1 system does not shift for you nearing redline and she will bounce off the rpm limiter every time. In Normal, she will shift for you nearing redline.

First thing I would do is have the fluid changed and the system bled. Should be done every three years, but most folks do not do that. Ferrari did not figure that out until the 599 was introduced. Then let someone with an SD2 or equivalent do some diagnosis on the system.
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Is your reverse lever slightly loose ? Do you still have to lift it to get reverse ?

There is a standard fault as the lever wears that can give a false indication which is why there's a Hills revised bracket and even an old photo thread on how to change it

Of course it may not be this....

 

Sounds like low pressure in the f1 system.

 

Check the contacts on the brake light bulbs.
Check the contacts to the third brake light bar.
Check for intermittent brake switch on pedal.
These are tied to the F1 diagnostic circuitry.

 

I am not saying that you have the same problem, however I fixed my car with a new brake light switch after I was getting an intermittent transmission light on my car.
I have a post regarding the troubleshooting that I did for my brake pedal switch, but I can't seem to find it right now.

 

Baffled. why on non-1st gears that the brake switch has anything to do with the f1 light?
I understand on 1st gear it might has something to do with it.

 

lack of oil in the gearbox or the f1 system?

f1 system oil is red, gearbox oil is gear oil with brownish color, much like engine oil when new

 

keep us posted about where is the leak

my car has the same issue and I am tired chasing it, seriously

 

I don't know, but the first time I noticed my light was on a hard 2-3 shift. It doesn't make sense, but I guess it all depends on how the computer is programmed.
The funny part is that I had 2 separate mechanics tell me that my problem was definitely not the switch and one mechanic tell me that it is highly unlikely, but may be the switch and told me to change it since it's only $35. It was the switch! 5,000 miles and 2 years later, not a single error light!

 

Keep us updated please, if the new bearing solves the problem

 

While you are at it, have your mechanic check the F1 pump relay. They were underspec'd in the 360 and have a history of burning out. I was getting an intermittent gearbox light and a relay replacement took care of it.

 

time to replace mine

 

+999 I got tired of mine failing and decided to convert it to a solid state relay. It's been over 2,000 miles on the conversion and it works great!
http://www.ferrarichat.com/forum/360-430-sponsored-yellow-compass-group/451094-f1-trans.html