P. Diddy bought his son a $360,000 car for his 16th birthday.

The rap mogul - whose boy Justin, his child with high school sweetheart, designer Misa Hylton-Brim, recently reached the milestone age - splashed out on a Maybach sports car, which he presented at a star-studded party filmed for MTV show 'Super Sweet Sixteen.'

Diddy surprised his son with the lavish purchase by parking the new car outside the trendy New York club M2 on Saturday night (23.01.10), where his son was celebrating with over 1,000 friends.

Guests at the red-carpet 'Prince of New York' themed party included Snoop Dogg, outspoken boxing champion Floyd Mayweather and Lil' Kim.

There were also performances by Trey Songz, Chris Brown and Juelz Santana.

Diddy - real name Sean Combs - is happy to splash his cash when it comes to parties, and reportedly spent $3 million on his own 40th birthday bash last November.

He celebrated the day with Jay-Z, Bono, Nelly and Denzel Washington at a Garden of Eden-themed party at New York's Plaza Hotel.